Latest News for: Dubai stocks

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ED asked to start probe into gold smuggling racket

The Times of India 25 Feb 2021
The syndicate is suspected to have smuggled in more than 1,000 kg of gold from Dubai in the past few years ... The modus operandi adopted by the syndicate was to ‘export’ gold jewellery to Dubai for the purpose of ‘exhibition’ and later ‘import’ the whole consignment as ‘unsold stock’.
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Middle East stocks post sharp gains

Gulf Daily News 25 Feb 2021
DUBAI. Major stock markets in the Middle East registered sharp gains yesterday, tracking a rise in global equities and a recovery in oil prices ... Dubai’s main share index ...
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UAE raises daily decline limit in shares to 10%

Gulf Daily News 25 Feb 2021
Stocks listed on the UAE’s bourses will see their limit cap rising to 10% from the current 5%, effective February 28, the Abu Dhabi and ...
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10 tips for beginners to start investing in stocks

The National 25 Feb 2021
Instead, he leans towards the ideology that behind each stock is a business and if you buy good businesses at fair prices, the stock will tend to follow ... Beginners must also take time to understand a business before investing in it, rather than betting that its stock will go up ... Why have economies and stock markets disconnected?.
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UAE Cabinet raises daily decline limit in shares to 10% from February 28

Urdu Point 24 Feb 2021
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 24th Feb, 2021) Stocks listed on the UAE’s bourses will see their limit cap rising to 10 percent from ...
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Tap into UAE blue-chip stocks the 'ETF' way as Chimera closes second fund

Gulf News 23 Feb 2021
Dubai. Want to get into UAE stock markets, but don’t know which blue-chips to pick? Try an ETF (Exchange Traded Fund), which have in the global marketplace been the go-to method for investors to access everything from stocks to gold ...ETFs provide investors with a transparent instrument that can be traded just like a stock,” said Seif Fikry, CEO.
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Will UAE investors be impressed with companies giving quarterly dividends?

Gulf News 23 Feb 2021
Dubai ... "UAE/GCC stocks are solid from a dividend perspective due to the absence of dividend distribution tax ... This will improve the stock’s liquidity and drive prices ... Dubai Islamic Bank’s stock dropped for two days by more than 4 per cent after slashing full-year dividends to 20 fils a share, down from 35 fils ... TAQA's stock volatility.
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Telecom giant Etisalat cancels share buyback plan, offers special dividend

Gulf News 23 Feb 2021
Dubai. Etisalat has proposed one-off special dividend of 40 fils a share, which will raise the 2020 full-year payout to shareholders of Dh1.2 ... It was just recently that the telecom giant raised the upper limit for foreign investors in its stock to 49 per cent. (The move was mirrored by its Dubai-based counterpart, du.) ... .
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Will investors look beyond UAE banks' disappointing 2020 numbers?

Gulf News 22 Feb 2021
Commercial Bank of Dubai, Emirates Islamic Bank, Mashreq Bank and National Bank of Dubai saw their bottom-line turn red in 2020. In terms of profits, First Abu Dhabi Bank (down 16 per cent), Commercial Bank of Dubai (20 per cent), Abu Dhabi Commercial Bank (21 per cent) and Sharjah Islamic Bank (26 per cent) were relatively better performers.
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Abu Dhabi and Dubai stocks on separate paths

Gulf News 21 Feb 2021
Dubai. Abu Dhabi stocks ended the day higher on the back of banking and telecommunications stocks, while Dubai stocks dropped for a fourth straight session as its key property stocks underperformed. Dubai Financial Markets dropped 0.3 per cent to 2,568 points after advancing as much as 0.5 per cent at some point during the session.
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Blue-chips lead UAE stock gains

Gulf News 21 Feb 2021
Dubai. Dubai and Abu Dhabi stocks opened the week on a higher note led all the way by their blue-chips, while other Gulf markets demonstrated a subdued activity in the absence of major triggers for a bull or bearish mood ... Dubai Financial Market moved higher by 0.4 per cent bouncing ...
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Earnings win back Saudi investors

Gulf News 21 Feb 2021
Dubai ... Dubai Financial Market shed 0.3 per cent to 2,568 points with almost all real estate stocks trading lower extending the recent subdued performance arising from disappointing sector earnings and dim prospects for the property markets staging a recovery anytime soon.
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Another flurry of economic data to keep global markets on edge

Gulf News 21 Feb 2021
Dubai. Global stocks that do well when an economy improves are seen moving higher in the week ahead, as investors are seen staying focussed on improving economic data and US stimulus ... and US stimulus hopes could boost stocks that generally rally in a rebounding global economy.
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