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.
Dubai Financial Market (DFM) on Monday announced its financial results for the first half of the year ending 30 June 2020, registering a 21% increase in its net profit to Dhs78.9 million compared to Dhs65.1 million
Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank (EDB), on Tuesday rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $750 million bond.
The net investments of non-Arab investors in UAE financial markets significantly jumped to Dhs3.255 billion during the first five months of 2021, statistics revealed by the Abu Dhabi and Dubai bourses show.
Alpen Capital (ME) Limited and Alpen Asset Advisors Limited announced the publication of their report on Islamic Finance and Wealth Management.