Abu Dhabi’s new financial zone ‘complements Dubai’
Senior finance executive says a deepening of financial markets will benefit the entire country.
May 13, 2013 10:08
UAE approves securities lending, short-selling regulations
Some brokerages in the UAE have been forced to shut down as turnover on the Dubai Financal Market and the Abu Dhabi bourse slumped to seven-year lows in 2011.
October 3, 2012 5:47
Dubai tumble underlines risks in Gulf stock
A plunge in Dubai stocks this week underlined the risks behind the Gulf's equity market rallies, although most analysts do not think Dubai's drop marks the start of any extended downtrend.
March 10, 2012 5:10
Dubai Financial Market sees small Q4 net profit
Dubai Financial Market (DFM), the Arab world's only listed bourse, eked out a small fourth-quarter profit as it focused on new revenue streams and cut its dependency on commissions after a year of dwindling trading volumes.
February 27, 2012 1:02Dubai Financial Market Q3 loss widens as volumes plunge
Q3 net loss 9.3 mln dirhams vs 3 mln dirhams loss yr-ago; Analysts forecast net loss of 1.5 mln dirhams for Q3; Traded value declines 42.3 pct in Q3
October 27, 2011 2:07Nasdaq Dubai to relaunch derivatives market
Nasdaq Dubai will relaunch its derivatives market, targeting regional institutions wanting to hedge their share portfolios, the exchange's chief executive told Reuters on Monday.
October 25, 2011 6:36Nasdaq Dubai unveils new rules for IPOs, listed firms
IPOs need 400 unique shareholders or 10 pct retail * Cos will need to report qrtly instead of half-yearly now.
January 18, 2011 12:08Dubai Financial Market swings to Q3 net loss
9-mth profit 77.8 mln dhs, down from 258 mln in 2009.
November 8, 2010 9:43UAE bourse merger unlikely before ’11-Arabtec
DFM and Nasdaq Dubai are merging some operations.
October 18, 2010 12:47Dubai bourse’s new rules aimed at emerging mkt tag- CEO
The DFM is working with the UAE regulator, the Securities and Commodities Authority (SCA), as well as the Abu Dhabi Securities Exchange (ADX) to bring in the new rules.
September 30, 2010 9:08Dubai Financial Market Q1 profit down 8.4%
Stock market operator says “positive indications [allow] us to look forward more optimistically.”
May 1, 2010 4:31DFM takeover of Nasdaq Dubai ‘within two weeks’
Dubai Financial Market’s Essa Kazim says 'it is in the interest of everybody to consolidate'.
March 30, 2010 11:13Dubai World bailout sees Saudi shares rise
Tadawul index up 0.7 percent following news of $9.5 billion restructuring plan.
March 27, 2010 5:35Dubai World debt report sees shares tumble
Dubai Financial Market index falls 3.5 percent on news that the troubled conglomerate may only repay 60 percent of debt after seven years.
February 14, 2010 12:01Dubai Investments reports AED963 million profit
Company had a consolidated total income of AED3.67 billion in 2009.
January 27, 2010 4:47
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Yahoo on Tumblr: 'we promise not to screw it up'
Search engine giant confirms purchase of popular blogger site as both sides vow to address users' concerns
May 21, 2013 2:52
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43