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Results for

dubai finance

32 Results
  • Dubai stock exchange shuts trading floor to prevent coronavirus spread

    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

    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

    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

    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

    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 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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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’

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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’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 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

    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
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