Latest News for: Dubai stocks


LIC Housing approaches SAT to settle issue on preference shares with exchanges

Live Mint 20 Jul 2021
Premium Premium BMW bike, cricket in Dubai ... On Saturday, LIC Housing Finance had informed that stock exchanges -- BSE and NSE -- were examining the proposed ₹2,334.70 crore capital infusion into the company by giving additional stake to LIC through issue of preference shares ... Premium BMW bike, cricket in Dubai.

Are you investing under the influence?

The National 20 Jul 2021
Influencers peddle advice to novice investors on meme stocks and trading ... The sensible way to build your long-term wealth is to invest in a spread of stocks and investment funds covering different sectors, regions, markets and asset classes, says Chaddy Kirbaj, vice director at Swissquote Bank Dubai.

Air Jordan concept store opens in The Dubai Mall

The National 17 Jul 2021
Sneakerheads rejoice – a new space has just opened in The Dubai Mall. A brand new concept by Nike, the 2,500 square foot space stocks one label only – Jordan Brand, by NBA legend Michael Jordan ... Only the fourth such space to be launched, the new Dubai store joins the ranks of ...

Inside Dubai’s R12.7bn bid for Imperial Logistics

Business Day 15 Jul 2021
An unexpected swoop on Imperial Logistics from Dubai reinforces the view that local investors have missed a trick with SA’s ...

Saudi Stocks Extend Slide On Reflation Trade Slowdown: Inside EM

Yahoo Daily News 12 Jul 2021
Saudi Arabian stocks dropped for a fifth day, their longest losing streak in more than a year, triggered by a pullback in the reflation trade globally ... Stocks also dropped in Dubai. “The decline is linked to a partial unwind in the global reflation trade,” said Divye Arora, a portfolio manager at Daman Investments in Dubai ... in Dubai..

Evexia Lifecare to incorporate new subsidiary in Dubai; Stock gains over 1.5%

IIFL 12 Jul 2021
The proposed wholly-owned subsidiary company to be incorporated in Dubai will mainly carry on the business of pharmaceuticals ... .

Why physical gold is a safe bet against Covid-19 pandemic

Marietta Daily Journal 12 Jul 2021
Jul. 12—DUBAI — Indian stock markets' bull run belies the declaration of the world's sixth-largest economy amid the raging Covid-19 pandemic that has been wreaking havoc for the second year in row. Investors are at their wit's end about how ... .

Dubai's Shuaa confirms talks to set up three SPACs, shares surge

Gulf News 11 Jul 2021
Dubai ... The Dubai-based financial services firm surged as much as 15 per cent on Sunday, with volumes soaring to 170 times the daily average of traded shares. The stock pared gains to trade up 6 per cent at 10.15 a.m ... in Dubai.

Saudi Stocks Extend Slide on Reflation Trade Slowdown

Kayhan 11 Jul 2021
LONDON (Bloomberg) - Saudi Arabian stocks dropped for a fifth day, their longest losing streak in more than a year, triggered by a pullback in the reflation trade globally ... Stocks also dropped in Dubai.

Micro-investing: Can this trend of investing spare change reap you big profits over time?

Gulf News 11 Jul 2021
Dubai. Because of the old adage “it takes money to make money”, many still think of investing and the stock market as an activity for the wealthy ... Micro-investing involves saving small sums of money — such as spare change — and investing it consistently into the markets through exchange-traded funds (ETFs) or fractional shares of stock.

Dubai-owned DP World to acquire South Africa's Imperial Logistics in $890m offer

Gulf News 08 Jul 2021
Dubai. The Dubai Government owned DP World is adding more to its Africa ... The Dubai entity has made an offer of 66 rands a share for the JSE (Johannesburg Stock Exchange) listed Imperial, implying an equity offer of 12.7 billion rands ($890 million).

MIDEAST STOCKS Qatar bourse gains as major Gulf markets ease

Reuters 07 Jul 2021
Dubai's main share index (.DFMGI) reversed early losses to finish flat, as declines in property shares were offset by gains in banking stocks. Emaar Properties (EMAR.DU), Dubai's largest listed developer, retreated 2.2%, while its unit Emaar Malls (EMAA.DU) dropped 2%.

KSA residential sales volumes recover to pre-pandemic levels

Arab News 04 Jul 2021
JEDDAH ... The Wafi program monitors and manages off-plan sales. The Kingdom also aims to add more than 500,000 units to Riyadh’s housing stock by the year 2030, Durrani said. “That is just 100,000 units less than Dubai’s total current housing stock, (and) means Saudi nationals are able to get on the housing ladder in record numbers.” ... ....

Holiday shortened week to see global stocks drift sideways

Gulf News 04 Jul 2021
Dubai. The holiday shortened week could see global stocks drift sideways, after hitting new highs this past week ... US stocks rally to fresh highs ... At the same time, gains this month have been more concentrated, as investors piled back into the big technology stocks that led markets higher last year and for most of the past decade.

Sharia and ESG investments are converging. It’s about time

Gulf News 03 Jul 2021
The trend chimes with a generational shift in investment ... As of this year, public joint stock companies listed on the Abu Dhabi Securities Exchange (ADX) or the Dubai Financial Market (DFM) must publish an annual sustainability report covering the impact of their operations on the environment, contributions to social justice and the local economy ... .

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