Thursday 1 September 2016
 
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Dubai Financial Market

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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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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Menacorp secures top DFM ranking

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

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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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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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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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DFM posts net profit down 66pc to $71m in 2015

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

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Marka to enter Qatar market in H2 2016

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

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DFM call centre handles 31,000 inquiries in H1

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.

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DFM picks Avaya for networking solution

The Dubai Financial Market (DFM), the leading exchange in the region, has selected Avaya’s SDN FX fabric networking technology for its ability to effectively and efficiently cater to day-to-day needs. The solution will also

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