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The Dubai Financial Market (DFM) on Monday launched “the Dubai Financial Market Shari’a Index (DFMSI), the most recent initiative from DFM aiming to reinforce its momentous journey as the first Shari’a-compliant exchange
The UAE stocks continue to respond favourably to the country-level fiscal incentives and stimulus packages being launched, and gained Dhs12.5 billion in market cap by the end of Sunday’s session.
The Dubai Financial Market (DFM), on Tuesday launched its new subsidiaries, Dubai Clear and Dubai CSD. Dubai Clear is the region’s first independent company central counterparty (CCP) for equity clearing and Dubai CSD, the UAE’s first independent central securities depository (CSD) company.
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.
As demand disruption and supply chain issues will severely impact revenue growth in the consumer businesses, it is likely to create investment opportunities for private equity (PE) firms, according to a Crisil report.
DP World has announced the completion of the early stages of the integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM.