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Results for
dubai finance
32 Results-
Dubai stock exchange shuts trading floor to prevent coronavirus spread
The Dubai Financial Market (DFM) announced it would temporarily be closing it trading floor and customer affairs counters from Monday, March 16, 2020, ... Financial Markets -
Dubai exchange launches Islamic index
The Dubai Financial Market (DFM) has launched a sharia-compliant index as it looks to attract more Islamic investments, the exchange said in a ... Business -
Emaar Development approves $283.15 mln dividend for shareholders
The General Meeting of Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC, approved the ... Economy -
Dubai financial authority warns of $6.5 mln scam
The Dubai Financial Services Authority (DFSA) released a statement on Sunday warning residents about a fraud attempt using a fake document purporting ... Gulf -
UAE’s Damac real estate mogul says ready to sell 15 percent stake
Hussein Sajwani, the Dubai billionaire with links to US President Donald Trump, said on Wednesday he was ready to sell 15 percent of his stake at real ... Economy -
Emaar net profit up by 20% in nine months to $1.184 bln
Emaar Properties PJSC recorded a net profit of $1.184 billion (Dh 4.347 billion) during the first nine months (January to September) 2017, an increase ... Economy -
Shares in Bahrain’s GFH jump on Saudi mall acquisition
Gulf Finance House said it is buying a mall in Jeddah for $48 million Retail -
Dubai refiner ENOC marketing $1.5 bln long-term underwritten loan
ENOC is a downstream-focused firm owned by sovereign fund Investment Corporation of Dubai Banking & Finance -
Credit Suisse raises UAE equities to overweight from neutral
The financial services firm said it preferred UAE banks and consumer-related stocks Banking & Finance -
Gulf stocks rebound strongly as oil price steadies
Dubai Financial Market Index - which had been the region’s biggest loser - rose 11.5 percent Business -
Emaar Properties to sell 25% of malls business on Dubai bourse
Timing of the offering and listing will be announced later, developer says Property -
First Dubai IPO in five years sees surge of interest as economy booms
IPOs dried up in Dubai when its financial crisis erupted five years ago Economy -
Dubai share index tops 5,000 points for first time since 2008
Index crosses psychologically important barrier last seen before the financial downturn Financial Markets -
First regulated Saudi investment firm gets DIFC license
AlKhair Capital Saudi said to receive license to operate from Dubai International Financial Centre Banking & Finance -
Dubai tells global bankers to expect another boom
Top officials meet with representatives of financial powerhouses in London Banking & Finance -
Dubai’s Sheikh Ahmed says agreement in principle on UAE bourse merger
The Abu Dhabi Securities Exchange and Dubai Financial Market would merge under a long-discussed plan Financial Markets -
GrowthGate Capital plans Dubai IPO for logistics firm
Buyout firm plans to take Able Logistics Group public around the end of this year Financial Markets -
Dubai’s Emaar to list retail unit within ‘months’
Emaar stock up by as much as 5% on plan to raise more than $2bn in equity offer Property -
UAE’s Arabtec shares soar on $40bn Egypt housing deal
Dubai construction firm is trading 2 percent higher after deal with Egypt’s powerful military leader Property -
Dubai World said to prepay $284.5m to creditors
The restructuring plan states Dubai World would fully repay creditors by selling assets it bought at peak prices in 2006-07 Banking & Finance -
Blackrock says cut exposure to UAE stocks on signs of excess
Abu Dhabi and Dubai markets show signs of overheating, says arm of global asset manager Financial Markets -
Swiss wealth management firm opens Dubai offices
The company is part of the La Cloche Group and has access to major banks in Dubai, Singapore, and Switzerland Banking & Finance -
Abu Dhabi, Dubai markets should unify back offices, says ADX chief
If a merger does not happen, consolidating the exchanges’ back offices would be a good alternative, Rashed al-Baloushi said Financial Markets -
Deutsche Bank found in ‘material non-compliance’ with Dubai regulator
Move by DFSA centers around investigation into alleged rule breaches Banking & Finance -
Dubai financial center posts double-digit growth for 2013
The number of active registered companies operating within the DIFC rose 14 percent to 1,039 Banking & Finance -
Dubai’s Shuaa Capital posts Q3 profit of $980k
Shuaa Capital, the Dubai-based investment bank, reported a third-quarter net profit on Wednesday driven by growth in its core asset management and ... Banking & Finance -
Dubai financial district looks to ‘astronomical’ growth in Asia, Africa
The Dubai International Financial Center (DIFC) is eyeing ‘astronomical’ economic growth in South Asia and Africa as it embarks on a Dh15 ... Banking & Finance -
Dubai’s financial district plans $4.1bn expansion
Dubai International Financial Center (DIFC) announced plans on Tuesday for a 15 billlion-dirham ($4bn) expansion, as the tax-free business zone looks ... Property -
Dubai names bourse CEO as head of financial center
Dubai has appointed Essa Kazim, currently chief executive of bourse operator Dubai Financial Market (DFM), as the new governor of the emirate's ... Banking & Finance -
UAE said to revive bourse merger plan after huge aluminum deal
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local ... Economy