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Abu Dhabi :: United Arab Emirates | 2 days ago

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The DFM General Index dropped 1.61 per cent on Tuesday to end at 4,686.29, while the ADX Securities Index went down 0.95 per cent to end at 5,085.63. Osama Al Ashri, a member of the British organisation, Society of Technical Analysts, said both

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Abu Dhabi :: United Arab Emirates | 11 days ago

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A top Dubai economic policymaker said on Monday that an agreement to merge the two main stock markets in the United Arab Emirates, the Dubai Financial Market and the Abu Dhabi Securities Exchange, had been reached in principle but nothing had been

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Dubai :: United Arab Emirates | 11 days ago

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Riyad Bank , Saudi Arabia's third-largest lender by assets, posted a 13.5 percent increase in first-quarter net profit on Sunday, broadly in line with analysts' estimates. The bank made SR1.08 billion ($288 million) in the three months ending March

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Dubai :: United Arab Emirates | 13 days ago

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Dubai-based developer listed with Dubai Financial Market, today announced the proposal to allocate 25 per cent of the share capital to foreign investors has been approved by the company's shareholders. The share ownership that will be rolled out

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Dubai :: United Arab Emirates | 15 days ago

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Foreign funds are flowing into the United Arab Emirates and Qatar as those markets prepare to be upgraded by global equity index compilers this year but so far only a few top blue chips are benefiting much, a Reuters study of trading data shows...But

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Dubai :: United Arab Emirates | 21 days ago

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Arabtec is in discussion with the Egyptian government to set up a new joint real estate company for the development of the previously announced one million residential units in Egypt. In a statement to the Dubai Financial Market (DFM) on Tuesday,

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Dubai :: United Arab Emirates | 22 days ago

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Investment, a UAE-based investment banking and asset management firm, said on Wednesday that the subscription of Marka's founders' equity has concluded. Investment is the financial advisor of Marka's planned initial public offering (IPO). Marka, a

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Dubai :: United Arab Emirates | 22 days ago

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UAE stocks continued to rise on Wednesday as investors bet that a new companies law could lead to more initial public offerings (IPOs) this year and next and thereby a surge in the markets. UAE's Minister of Economy, Sultan Bin Saeed Al Mansouri,

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Shanghai :: China | 24 days ago

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In This Article Arabtec makes 52-week high; Emaar share closes in at Dh10 Update: The DFM closed at 4,318.48 on Monday, March 24, 2014, down 0.65% over yesterday's close. Earlier Story Dubai's benchmark stock index has been up for seven straight

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Dubai :: United Arab Emirates | 28 days ago

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Egyptian investors continued to scoop up blue chips and property stocks on Thursday, driving up the market on increased volume, while banking shares dragged down Abu Dhabi and Oman. Egypt's bourse rose 2.1 percent, with the major gainers including

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