Emirates Securities Market Report for the Trading Session of Thursday 06...
The Emirates Securities Market Index has increased by 0.29% to close at 2,695.34 points. Accordingly the Market Capitalization has gained 1.14 Billion AED attaining...
Barclays Capital Investor Survey Finds Growing Confidence in Euro Area for...
Institutional investors overwhelmingly believe the euro area will be able to avoid a “full-fledged crisis,†according to Barclays Capital’s inaugural Global Macro Survey. More...
DGCX 2011 annual volumes rise 110%
Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts, the highest ever annual volumes achieved by the Exchange since inception.
DGCX volumes cross two million mark in 2011
76% increase on YTD volume compared to 2010
The Dubai Gold and Commodities Exchange (DGCX) today announced that its year-to-date (YTD) volumes surpassed the two...
DFMGI rose 0.99%
Dubai Financial Market General Index (DFMGI) ended today’s session in the positive territory. It added as much as 0.99%, or 15.5 pts to 1578.08,...
Sukuk Market Recovery Expected in 2011 – 12
Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the...
Central Bank reduces interest rate on liquidity support facilities to 1.5%
H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...
Dubai Financial Market performance during April 2011
Dubai Financial Market overall performance increased by 5% to reach 1634.1 points at the end of April compared to 1556 points at the end...
DFM benchmark slides 0.32%
Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....
DFMGI lost 1.16%
Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...
DFMGI dropped 0.71%
Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend.
The index hit session peak and low at 1631.57...
MENA Weekly Markets Overview
The political turmoil is Egypt has escalated despite measures being taken by the President. Global Investment House of Kuwait expects regional markets to react...
Spotlight on prepaid; up to 60% of payments globally will be...
VRL Financial News conference puts the spotlight on the Middle East prepaid cards market
UAE’s prepaid spending expected to reach $18bn by 2015 and...
Dubai eGovernment’s ePay generates AED 1.7 billion in H1, 2011
There is an increase of 55 percent in amounts collected through Dubai eGovernment's ePay payment gateway in the first half of 2011 compared to...
Retailers to stop charging surcharge on credit card usage from July...
His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...
Emirates Securities Markets to implement DVP from April 28
The Emirates Securities and commodities Authority (SCA) has announced that stock markets in the UAE will start operating the Delivery Versus Payment (DVP) service...
Global Markets Roundup
Bank of China posts 59% 4Q profit drop; Goldman plans to repay TARP money quickly; U.K. Inflation up 3.2% in February; Major Exchanges want...
National Bonds sales up 5%
National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...