Borse Dubai and Nasdaq have signed a new landmark agreement to bolster the technological infrastructure of Dubai’s stock exchanges, Dubai Financial Market (DFM) and Nasdaq Dubai, and further improve post-trade practices.
The Dubai Financial Market (DFM) has inaugurated its state of the art “Smart Trading Floor”, after the completion of a wide-ranging revamp that includes numerous facilities and services.
This step is in line with
The Dubai Financial Market (DFM) General Index increased 12.1 percent to 3,531 points at the end of 2016 compared to 3,151 points at the end of 2015.
At the sectorial level, indexes of eight out of the nine sectors featured on the
Foreign investors purchased shares worth Dh2.5 billion ($680 million) on the Dubai Financial Market (DFM) over the week, while the value of stocks they sold amounted to Dh2.4 billion ($653 million), said a report.
The net foreign
Dubai Financial Market (DFM), the Gulf's only listed stock exchange, reported a 60 percent fall in second-quarter net profit on Monday as revenue fell.
The firm made a net profit of Dh53.5 million ($14.6 million) in the three
Al Tamimi & Company, the largest law firm in the Middle East, has advised on three rights issues on Dubai Financial Market (DFM) in the last three months.
In total, the rights issues raised more than Dh5.5 billion ($1.5
Dubai Financial Market (DFM) has been recognized as the Best Stock Exchange for Shariah-Compliant Listings as part of Global Finance magazine’s ninth annual review of the World’s Best Islamic Financial Institutions.
Dubai Financial Market (DFM) has launched the “Direct Deals Service”, enabling investors and brokerage firms to accomplish bulky deals on shares of a listed company while exempted from the price cap in effect.
GFH Financial Group (GFH) has announced plans to list its Khaleeji Commercial Bank (KHCB) at the Dubai Financial Market (DFM) to unlock its market potential.
The listing is subject to obtaining regulatory approvals in Bahrain, sai
The rights issue of Dubai Parks and Resorts is due to be tradable on the Dubai Financial Market (DFM) exchange between May 4 and May 18, the DFM announced today.
The rights issue will be solely tradable with a distinct trading symbol (D