dubai financial market news
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Investors returning to UAE stock markets
Dubai :: United Arab Emirates | 2 days ago
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Saturday, May 18, 2013 The performance of the UAE stock markets is broadly in line with the rise in global stock markets. Both the Dubai Financial Market and Abu Dhabi Securities Market are trading at a nearly four-year-high, reflecting a return of
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UAE: It's summer time and stocks are hot
Dubai :: United Arab Emirates | 2 days ago
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Saturday, May 18, 2013 UAE markets have been on a scorching run and with the Dubai Financial Market and the Abu Dhabi Securities Exchange indexes closing last week at multi-year highs, it appears traders are in no hurry to sell in May and go away'.
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DIB rises on restructuring progress
Abu Dhabi :: United Arab Emirates | 6 days ago
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May 2013 Dubai Islamic Bank gained the most in more than a week as progress on corporate debt restructuring boosts the outlook of lenders in the emirate. Dubai Islamic added 2.4 per cent, the biggest advance since May 5, to Dh2.94. The stock was the
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DIB announces date of new share issuance
Dubai :: United Arab Emirates | 12 days ago
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And settlement of Tamweel share swap Dubai Islamic Bank ( DIB ) has announced that it has gained the necessary approvals to issue new shares in order to execute the share swap for those Tamweel investors who validly accepted the offer within the
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Banks lift bourses to fresh highs
Abu Dhabi :: United Arab Emirates | 28 days ago
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Dubai's benchmark index jumped by 1.4 per cent to 1,986 points, its highest level since December 2009. Dubai Islamic Bank, or DIB, was the top mover as its share price climbed by 5.9 per cent to Dh2.50. The rally was led by the banking sector with
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Qatar underperforms region, hits 2013 low as IPO looms
Dubai :: United Arab Emirates | 1 month ago
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Stock exchange information screens are seen on the trading floor at the Dubai Financial Market. Qatar's bourse booked its largest one-day drop in four months Sunday as investors took their cues from weak global markets to sell shares ahead of a huge
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Emaar Offer Investors Marsh
Scenes of disorder reigned with police called in to calm a frenzied queue of hundreds hoping to grab one of the latest Emaar Properties on sale which were snapped up in a matter of hours. successfully sold out the first phase of
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Damac plans share listing
Dubai :: United Arab Emirates | 1 month ago
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Damac Properties, a privately-held Dubai developer, is considering listing its shares on the stock market and has approached banks with proposals for advisory roles as it bets on a recovery in the emirate's real estate market. The developer has
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Dubai aims to lead sukuk market
Dubai :: United Arab Emirates | 2 months ago
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The outlook for sukuk market is good as its demand is very strong compared to conventional bonds. We are confident about the success of the sukuk market in Dubai, Essa Kazim, managing director and chief executive of Dubai Financial Market (DFM), told
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Emaar rises to four-year high
Dubai :: United Arab Emirates | 2 months ago
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With Emaar Properties surging to more than a four-year high, Dubai benchmark index jumped the most in almost three weeks yesterday. The Dubai Financial Market Index rose 1.45 per cent to close at 1909.39. Emaar Properties shares rallied 2.96 per cent
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