Monday 14 July 2014

DFM accredits 2 firms for margin trading

Dubai Financial Market (DFM) has accredited ‘Al Dhabi Brokerage’ and ‘Securities and Investment Company UAE’ to provide margin trading. With this, the DFM brokerage firms providing the service has now incre


FM growth margins falling in GCC

The UAE, Saudi Arabia and Qatar lead the GCC region in terms of Facilities Management growth but the margins are declining and suppliers were seeking more sophisticated contract and delivery mechanisms as a way of protecting profit.


Apple's profit slips ahead of holiday quarter

Apple's profit and margins slid despite selling 33.8 million iPhones in its September quarter, and greater China revenue climbed just 6 per cent even though two smartphone models hit store shelves in its second-largest market last month.


DFM accredits Mena Corp for margin trading

Dubai Financial Market (DFM) has accredited the Abu Dhabi-based investment bank ‘Mena Corp Financial Services’ to provide margin trading. This has lifted the total number of brokerage firms in DFM, providing this servi


ME petchem firms 'to see better margins'

The petrochemical companies in the Mena region will see better margins within the next two quarters and operating rates are likely to inch higher even as a severe demand slowdown could test the exporting ability of the region, Credit Suisse said.


UAE bourse regulator okays margin trading

The United Arab Emirates' stock market regulator said on Saturday it had approved regulations authorising margin trading on the Gulf Arab country's stock markets in a move to attract further investments. The new rules will take effect afte


Banks face $325bn 'systemic margin call'

Wall Street banks are facing a 'systemic margin call' that may deplete banks of $325 billion of capital due to deteriorating subprime US mortgages, JPMorgan Chase & Co, has said in a report. JPMorgan, which sent a default notice to Tho

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