Regional Equity Markets To Remain Under Pressure
Global equity markets performed positively during the week as investors were encouraged by the progress and continued support from the Central Banks. Investors preferred...
Coronavirus Prompts Growing Number To Re-evaluate Savings
The coronavirus pandemic has triggered a ‘significant rise’ in the demand for savings solutions, reveals one of the world’s largest independent financial advisory organisations.
deVere...
Abu Dhabi, Dubai Financial Markets Ban Insider Trading
Abu Dhabi and Dubai Financial Markets announced the prohibition period for insider trading at public shareholding companies listed in the UAE capital markets, which...
Is Bitcoin Set to Have a 2017-style Mini Boom This Year?
Bitcoin’s price is set to “surge before the end of 2020” with investors keen not to “sleepwalk” through a 2017-style mini-boom, says Nigel Green,...
DIFC Reinforces UAE Government’s Efforts to Support Businesses
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforces its commitment to...
Market Volatility To Continue In Global Equities
Global equity markets are observing unprecedented times as the coronavirus pandemic has caused significant worldwide economic disruption. The downward pressure continued during the week...
Top 10 Companies Hold $15 Billion in Bitcoin, 4% of Total...
Bitcoin has witnessed a major spike in 2020 hitting new price levels recorded almost three years ago. With the price surge, Bitcoin demand is...
DIFC New Leasing Law To Protect Property Owners, Tenants
New leasing regulation enhances the current real property regime at the world’s 8th ranked international financial centre
Clear robust regulations at the DIFC...
Aldar Reports AED4.4 Billion in 2023 in Net Profit Up 40%...
Aldar announced today that record development sales and expanded investment portfolio drive the company's 2023 net profit up 40% to AED4.4 billion, compared to...
Regional Trading to Depend on Oil Prices Developments
Global equity markets recorded their second consecutive week of gains as investors seem to be encouraged with the progress made towards containing the coronavirus....
Emaar Properties Announces a High Dividend; Reports Highest Ever Property Sales
Emaar Properties appoints new Board of Directors to spearhead the company’s growth strategy.
Emaar’s year to date domestic property sales reached over AED 19 billion...
Reopening of Global Economies, COVID-19 Developments to Influence Trading Activity
Global equity markets rebounded during the week, with the exception of the US markets. Sentiments were boosted by positive developments in the COVID-19 pandemic...
Regional Markets Remain under Pressure due to Weak Oil Prices
Global equity markets performed positively during the week on the back of encouraging economic data and measures such as slashing tariffs on USD 75...
Kuwait Stock Exchange suspended trading until November 17
The Kuwait Stock Exchange suspended trading after a court ordered its closure to protect investors from further losses, reported Bloomberg.com. The bourse's main...
Investcorp Launches a USD 1 billion Platform To Invest in GCC...
Investcorp Launches a USD 1 billion Platform, To Be Anchored by China Investment Corporation, to Invest in the GCC and China
Investcorp, a leading global...
Gold spot price at $1,515
Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
DFMGI dropped 0.63%
Dubai Financial Market General Index (DFMGI) snapped a two-session upturn, dropping 0.63%, or 9.75 points, to 1535.67. The benchmark hit its highest and lowest...