Friday 26 August 2016
 
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DFM

Dubai Financial Market Q2 net profit falls 60pc

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

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Al Tamimi advises DFM on three rights issues

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

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DFM wins top award for Shariah-compliant listings

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. Wi

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DFM launches new direct deals service

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. Dubai Fi

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GFH plans to list Khaleeji Commercial in Dubai

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

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Trading of Dubai Parks and Resorts rights issue set to start

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

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DFM Q1 profit rises 27pc to $23.4m

Dubai Financial Market Company today announced a first quarter net profit of Dh86 million ($23.40 million), a 27 per cent increase compared to Dh67.7 million during the corresponding period of 2015.      The company&

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DFM wins 'Networking Project of the Year' award

The Dubai Financial Market (DFM), a leading exchange in the region, powered by Avaya’s SDN FX fabric networking technology, has been named the ‘Network Project of the Year 2015’ at the Network World ME Awards. &n

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DFM wins 'Networking Project of the Year' award

The Dubai Financial Market (DFM), a leading exchange in the region, powered by Avaya’s SDN FX fabric networking technology, has been named the ‘Network Project of the Year 2015’ at the Network World ME Awards. &n

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Menacorp DFM’s top brokerage firm for Q1

UAE-based Menacorp, a leading financial services firm, has secured the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016. Menacorp has maintained this l

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