Government-led policy initiatives and investments, improved growth prospects in trading partners, and preparation to host Expo 2020 are providing the bedrock for increased private sector credit and investment in Dubai. As a result, real GDP growth rates in the short to medium term are projected to reach 2.1 per cent,
The Dubai Financial Market (DFM) has announced that its listed companies have recorded a 96 per cent compliance regarding the disclosure of Q2-2019 results within the deadline of 45 days from the end of the period.
Abu Dhabi Securities Exchange (ADX) recently granted BH Mubasher Financial Services (BHM), a leading investment firm in the UAE’s financial market, a short-term margin-trading licence, making it the first financial services company in the UAE to offer the service to its clients.
Dubai Financial Market (DFM) on Tuesday launched its Guide on Environmental, Social and Governance (ESG) Reporting, as part of its endeavour to promote issuers’ expansion in embracing ESG best practices.
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 Dubai Financial Market (DFM) on Sunday announced that it is reopening its Trading Floor and Customer Affairs counters for investors as of Tuesday, July 7, 2020, with the strict implementation of precautionary measures for the safety of clients and employees.
The United Arab Emirates stock markets closed higher on Tuesday, led by financials and property shares. Dubai’s main share index gained 0.5%, led by a 1.5% rise in blue-chip developer Emaar Properties and a 0.5% gain in Emirates NBD Bank.
Despite a downturn in the financial position of other countries, the UAE has shown that where its economy is concerned, it is on sound, stable ground.
Dubai Investments, the leading Middle East investment and a public joint stock company listed on the Dubai Financial Market (DFM), has announced distribution of 10% cash dividend to the shareholders
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.