Latest News for: Dubai stocks


How UAE residents differentiate between the best and the worst stocks to buy

Gulf News 16 Aug 2022
Samir Kapoor, a financial advisor based in Dubai, said he has been investing in stocks for the last 20 years ... Indian entrepreuner in Dubai, Naresh Gurnani, also the chairman and managing director of Desilicious, has years of experience investing in stocks.

Rupee outperforms world currencies in August so far

The News International 16 Aug 2022
Jewelers said prices in the local market remained below Rs7,500 per tola against the rates in Dubai gold market. Meanwhile, stocks aimed for the sky after reports that Saudi Arabia’s plans to extend additional financial assistance and renew its $3 billion deposit to Pakistan amid persistent currency clawback, traders said.

Emaar Properties to buy Dubai Creek Harbour for Dh7.5 billion

Khaleejtimes 12 Aug 2022
Emaar Properties said on Thursday it would acquire real estate development Dubai Creek Harbour in a Dh7.5 billion ($2 billion) mega deal ... Dubai has recently listed shares in government firms with further listings planned as part of an effort to boost activity on its stock market ... UAE stocks surge on strong corporate earnings Dubai.

Abu Dhabi retreats from record highs tracking oil prices; Dubai rebounds

Reuters 12 Aug 2022
Aug 12 (Reuters) - Abu Dhabi index closed lower on Friday, slipping off its record highs in line with oil prices as weak corporate earning sapped investors' appetite, while the Dubai index bucked the trend ... The Dubai stock market was volatile after the publication of mixed earnings results.

UAE rains: Meet the Dubai resident who coordinated tonnes of donations for flood-hit Fujairah

Khaleejtimes 12 Aug 2022
Several Dubai residents have undertaken an initiative to distribute tonnes of relief supplies and resources such as food, water, and furniture to victims severely affected by the recent floods in Fujairah. One among many social workers is Lorna Bancroft, a former radio presenter in Dubai.

Dubai: Dewa mulls launching Empower IPO

Khaleejtimes 11 Aug 2022
The Dubai Electricity and Water Authority also went public earlier this year, and its IPO witnessed an overwhelming subscription, attracting Dh315 billion worth of offers ... Empower offering could be part of the Dubai government's announcement to list 10 entities on the local stock market to improve liquidity ... Dubai.

DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO

Gulf News 11 Aug 2022
Dubai ... Since then, DEWA's stock has been one of the consistently high volume generators on the exchange.

'Was put on no-flying list for 15 days': SpiceJet on Bobby Kataria's old 'smoking inside plane' video | Mint

Live Mint 11 Aug 2022
Kataria had travelled from Dubai to New Delhi on Spice Jet flight and landed on 1 January 2022. The smoking incident took place on a SpiceJet's SG706 flight that was coming from Dubai to Delhi.  TRENDING STORIESSee All. Premium This banking stock enjoys 98% 'Buy' ratings, highest am ... Premium Small-cap chemical stock announces 1.1 bonus share.

FTSE 100 stalls as Rio Tinto, healthcare stocks weigh

FX Empire 11 Aug 2022
The domestically focussed FTSE 250 index rose 0.4% as European and Asian stocks climbed. UK-listed shares of Dubai-based payments processor Network International jumped 11.3% as it announced a stock buyback programme and reported strong half-year results.

UAE stocks surge on strong corporate earnings

Khaleejtimes 10 Aug 2022
Stock markets in the UAE ended higher on Wednesday with the Abu Dhabi index reaching a record high driven by strong corporate earnings ... In Dubai, Emaar ... Farah Mourad, a senior market analyst of XTB Mena, said the Dubai stock market was volatile after two days of strong increases.

African startups hit Europe, elsewhere

Arkansas Democrat-Gazette 10 Aug 2022
African startups are expanding into Europe and other parts of the world at a time when many established tech firms are cutting back staff ... The Dubai- and Cairo-founded Swvl Holdings has been on an acquisition spree since it is now listed in the Nasdaq Stock Market after merging with blank-check company Queen's Gambit Growth Capital ... .

Dubai's business upturn belies traditional summer lull

Khaleejtimes 09 Aug 2022
Dubai’s business activities in July belied the traditional summer lull by recording a resounding expansion across the wholesale & retail, travel & tourism, and construction sectors ... Market observers believe that the outlook for Dubai’s retail sector has been improving steadily over the past months.

Dubai Investments Co. is thinking of an interim dividend for H1-2022 - will this lift the stock?

Gulf News 08 Aug 2022
Dubai Investments could start offering interim dividends, a move that could yet give its stock some sort of boost ... “Dubai Investments stock has been doing really well with almost 20 per cent returns this year - and almost having all of its negative cashflow problems solved,” said Valecha.

UPDATE 2-EU puts forth 'final' text to resurrect Iran nuclear deal

Yahoo Daily News 08 Aug 2022
DUBAI/WASHINGTON, Aug 8 (Reuters) - The European Union on Monday put forth a "final" text to revive the 2015 Iran nuclear deal as four days of indirect negotiations between U.S ... (Reporting by Parisa Hafezi in Dubai; Arshad Mohammed in Washington; Dubai Newsroom; Writing by Arshad Mohammed; Editing by Alex Richardson and Alistair Bell).

Major Gulf stocks rise as inflation fears ease

Gulf Daily News 08 Aug 2022
DUBAI. Most Gulf stock markets rose in early trade yesterday, tracking oil prices higher as investors’ risk appetite improved after data on US jobs and Chinese exports eased recession concerns ... Dubai’s main share index added 0.5pc, led by a 0.7pc rise in top lender ...

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