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
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.
UAE-based Menacorp Financial Services has been ranked the number one brokerage firm in the UAE for the first half of 2016, according to official data published by the Dubai Financial Market (DFM).
A leading financial services firm
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 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.
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
Dubai Financial Market has reported a net profit of Dh261 million ($71 million) for the year 2015, compared to Dh759.3 million in 2014, a 66 per cent decline.
Total revenues reached to Dh451 million in 2015 compared to Dh93
Marka, the first pubic joint stock retail operator in the UAE, plans to enter into Qatar during the second half of 2016, according to top officials.
The company is currently celebrating 12 months of operations since listing on the
Dubai Financial Market (DFM) Investor Service Centre handled more than 31,000 inquiries during the first half of 2015 in line with the best practices in this field supported by the latest technologies and a highly qualified team.