Articles tagged with: market
Dubai’s capital markets appear to be in for significant change with plans unveiled to establish a second-tier stock exchange coming hot on the heels of Dubai Financial Market (DFM) – the government-administered domestic bourse – and the DIFC-based NASDAQ Dubai’s move to formally link their trading platforms.
March 4 (Bloomberg) — Dubai Financial Market PJSC, the only Gulf Arab stock market to sell shares to the public, will adopt a new tick size system for share trading from March 11.
DUBAI, March 2 (Reuters) – Dubai Financial Market , the Arab world’s only listed bourse, made a net profit of 88.6 million dirhams ($23.6 million) in the fourth quarter, according to Reuters calculations.
15 January 2010 DUBAI — Dubai rentals remain steady during the last two months of 2009, a sign the market is reaching equilibrium, according to a new report published on Thursday.
January 14, 2010 — Entering the Middle East and North Africa region, UK-based hosted Microsoft services provider Cobweb Solutions has partnered with local IT consultancy Media Solutions of Dubai, UAE, to gain extensive regional and local knowledge of the outsourcing industry and provide this market with outsourced IT solutions and services.
DUBAI — Property stocks on Thursday dragged Dubai’s benchmark index to a fresh one-month low as investors resume selling after an initial rally, with Dubai’s debt problems pushing investors to exit the market despite positive international markets and stable oil prices.
The Dubai Financial Market fell 2.65% today to close on 1,712, as only three of 31 stocks ended higher. Market heavyweight Emaar Properties dropped 5.08% to Dhs3.55, while Global Investment House had the day’s big gain, up 14.29% to Dhs1.44.
Financial crises can often be windows of merger and acquisition opportunity and Dubai ’s debt woes are proving no different. Cost-cutting and corporate consolidation are sweeping the embarrassed emirate and so, last week, the Dubai Financial Market bought rival exchange operator Nasdaq Dubai.
UAE stock markets continue to rise. The Dubai Financial Market (DFM) continued to rise… Dubai’s supporters · Pulling the cords · Istithmar loses millions · Dubai stock market falls to 20-week low. The Dubai stock market fell 5.8 percent …
DUBAI – Index showed a slight 0.6 surge at the Dubai Financial Market during today’s trading which went up by 10.1points to close at 1769 points. The shares of 15 companies rose while the shares of five showed a decline. Shares of seven companies remained stable.
Dec. 26 (Bloomberg) — Some real-estate developers in Dubai, who withheld properties from the market after prices fell as much as 50 percent, are now selling at levels last seen in 2006, Emirates Business 24/7 reported, citing company officials.
To be known as Hotel JAL Tower Dubai, this new five star luxury property scheduled to open in April 2010, will be standing on a 57 elegant storey Glass Tower building on the majestic Sheikh Zayed Road in Dubai and will be aligned with the exclusive high end luxury hotels in the market.
Bachelor degree in business management Computer literate Excellent communication skills Excellent relations in the market Planning, developing and implementing company growth targets by successfully delivering approved sites, …
DUBAI – Stock market operator Dubai Financial Market PJSC, or DFM, made an offer on Tuesday to buy rival Nasdaq Dubai for $121 million to expand its asset class offering and raise additional revenue.
Dec. 22 (Bloomberg) — Dubai Financial Market PJSC , the only Gulf Arab stock market to sell shares to the public, offered $121 million to buy Nasdaq Dubai as it aims to boost liquidity and as Dubai government-owned entities restructure.
The Dubai Financial Market, Dubai’s principal stock exchange, announced on Tuesday that it has offered 121 million dollars to acquire Nasdaq Dubai, the emirate’s second market.
