Latest News for: Dubai stocks

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Tecom IPO: Dubai company raises $463m from oversubscribed DFM listing

The National 27 Jun 2022
Subject to market conditions and the obtaining of relevant regulatory approvals in the UAE, Tecom's shares will begin trading on the Dubai stock exchange on July 5 under the symbol “TECOM”. Dubai Holding will retain a stake of 86.5 per cent in the company ... Dubai establishes Salik as public joint stock company before potential IPO.
photo: AP / Kamran Jebreili, File
Emirati traders check the stocks of Emaar Malls on the screen at the Dubai Financial Market in United Arab Emirate
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Dubai leads major Gulf bourses higher ahead of TECOM IPO

Reuters 27 Jun 2022
June 27 (Reuters) - Major markets in the Gulf rose on Monday, in line with Asian stock markets on improved market sentiment, with the Dubai index leading the gains ahead of TECOM Group's IPO ... Saudi Arabia's benchmark index (.TASI) rose 0.6%, supported by gains in banking stocks.
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Qatar to host indirect Iran-US talks on reviving 2015 nuclear deal

FX Empire 27 Jun 2022
DUBAI (Reuters) – Qatar will host indirect talks between Iran and the United States in the coming days, Iranian media reported on Monday, amid a push by the EU to break a months-long impasse in the negotiations to reinstate a 2015 nuclear pact ... (Reporting by Dubai Newsroom; Editing by Gareth Jones, William Maclean).
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Deloitte: Hong Kong Exchange Ranked 9th in Global IPO’s in First Half of Year

The Epoch Times 26 Jun 2022
The top five global IPO capital raisers in the first half of 2022 were Shanghai Stock Exchange, Shenzhen Stock Exchange, Korea Exchange (KRX), Dubai Financial Market PJSC, and National Stock Exchange of India.
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Saudi bourse Tadawul to launch single stock futures on July 4

Gulf News 26 Jun 2022
Dubai. The Saudi stock exchange Tadawul plans to launch single stock futures on July 4, which will enable local and international investors to hedge and ...
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Here’s what you need to know before Tadawul trading on Sunday

Arab News 26 Jun 2022
Saudi Arabia's stock market declined to one of its lowest levels in months last week due to concerns that rising interest rates could push the global economy into recession ... Qatar led the fall in the Gulf with a 1.6 percent decline, followed by a 1.1 percent drop in Dubai’s stock index ... Stock news.
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NSE co-lo probe highlights round-tripping of money

Business Line 26 Jun 2022
Investigations into the National Stock Exchange (NSE) co-location scam by various agencies have shown that Dubai was used as a key conduit ...
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Dubai: Luxury property set to double its market share in 2022

Khaleejtimes 25 Jun 2022
Dubai's luxury property market will continue to rise in the second half of the year as limited stock of ...
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Emaar Group CEO Amit Jain briefly detained at Delhi airport, company issues statement

DNA India 25 Jun 2022
Emaar Properties CEO Amit Jain was temporarily detained at Delhi's Indira Gandhi International Airport (IGIA) on Friday evening, after arriving from Dubai on an Emirates aircraft ... It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of USD15.5 billion as of June 2021.
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50 Dubai taxi drivers trained by police on road safety

Gulf News 24 Jun 2022
Dubai ... and Safety at Dubai Police Academy ... Dubai's RTA warns against parking under metro tracks Dubai's road-toll operator Salik becomes a public joint stock company Police hold traffic safety lectures for more than 2,000 delivery riders in UAE Dubai.
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UAE to issue dollar-benchmarked dual-tranche sovereign bonds

Gulf News 23 Jun 2022
The 10-year tranche will be listed on London Stock Exchange (LSE) and Nasdaq Dubai, and the 30-year tranche will be listed on London Stock Exchange (LSE), Taipei Exchange, and Nasdaq Dubai. Read more ... .
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Here’s what you need to know as Tadawul wraps up the trading week

Arab News 23 Jun 2022
RIYADH. Saudi stocks ended Wednesday with a steep decline despite a recent rebound, as the threat of a recession continued to weigh on investor sentiment ... Stock exchanges in Dubai, Qatar, and Abu Dhabi were down 0.9, 1.1, and 1.8 percent, respectively, followed by marginal declines in indexes of Bahrain, Oman, and Kuwait ... Saudi time. Stock news ... ....
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Voyager Announces Large Exposure To Three Arrows Capital

Bitcoin Magazine 23 Jun 2022
The company’s stock took a massive hit ... Entry-level detective work brings you to find that 3AC, formerly based in Singapore, relocated to the British Virgin Islands last year before relocating again to Dubai this spring. Voyager Digital's stock price tanked on the news of the company's exposure to 3AC. Unsecured Leverage ... ....
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Investing in properties can boost retirement savings, but not on its own

Gulf News 21 Jun 2022
Dubai ... You reach it by building passive income from your investments,” explained Abu Dhabi-based Aditya Munjuluru, 54, Indian expat (?) who has a diversified into a number of investments in real estate, stocks and bonds ... When you buy stocks, you target an average of historical returns ... When you buy stocks, you target an average of historical returns.
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Dubai's Tecom Group sets price for IPO of up to $454 mn

Gulf Daily News 16 Jun 2022
On July 5, Tecom will be the latest firm to go public on the Dubai stock market, known as the DFM, under a government initiative announced last November to list ten state-linked companies. In recent years Dubai's stock market has lagged peers in Abu Dhabi and Saudi Arabia after a series of high-profile state listings on those exchanges.

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