Dubai Financial Market (DFM) Company has recorded a net profit of Dh621 million ($169 million) for the first nine months of the year, compared to Dh179.3 million ($47.3 million) in the same period of 2013, marking a 246 per cent increase.
Shares in Dubai's Emaar Malls Group (EMG) jumped in early trade on Thursday as the stock started trading on Dubai's main stock exchange and drained liquidity from the rest of the emirate's market.
EMG shares, which wer
Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report.
The net foreign investment d
Dubai Financial Market (DFM) has announced that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of results for the second quarter of 2014.
The disclosure of results wa
Dubai's Emaar Properties said on Thursday it had not yet taken a decision on the timing of an initial public offering of its malls business, which was expected later this year.
In a statement released on the Dubai stock exchan
Dubai's Amlak Finance said on Thursday that a proposal to restructure its debt had been approved by all its creditors, and that shares in the mortgage lender would therefore resume trading on the emirate's stock market next year.
Dubai Financial Market (DFM) has accredited five brokerage firms to provide margin trading, lifting the total number of firms providing this service to 24.
The firms include Al Safwa Islamic Financial Services, Global for Shares &
Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week of September, in what would be the bourse's first flotation for five years, the comp
The net profit of Dubai Financial Market (DFM), the Gulf's only listed bourse, more than tripled in the second quarter on higher trading volume, the exchange said on Thursday.
The firm, which runs securitie
Dubai Financial Market (DFM), one of Arab world's leading bourses, said foreign investors bought stocks worth Dh17.2 billion ($4.59 billion) comprising 48.3 per cent of the total traded value during June.
DFM said the market c