Latest News for: Dubai stocks

Edit

UAE Authorities Sign Agreement To Support Crypto Trading

Bitcoinist 25 Sep 2021
The United Arab Emirates’ Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority (DWTCA) ... LBank Global CEO Allen attending the Blockchain Dubai Event. In June, the local stock exchange, Nasdaq Dubai, listed a public Bitcoin fund by Canadian digital asset investment fund manager 3iQ.
Edit

Philanthropies pledge billions in aid at UN meeting and more business news

Times Free Press 24 Sep 2021
Dubai firm DAMAC to take firm private. A Dubai real-estate company known for its deals with former President Donald Trump ... DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai Financial Market stock exchange.
Edit

Mortgage rates up but still under 3% and more business news

Times Free Press 24 Sep 2021
Dubai firm DAMAC to take firm private. A Dubai real-estate company known for its deals with former President Donald Trump ... DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai Financial Market stock exchange.
Edit

Dubai real-estate firm DAMAC approved to take firm private

Seattle PI 23 Sep 2021
DUBAI, United Arab Emirates (AP) — ... DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai Financial Market stock exchange ... DAMAC stock traded up Thursday over 3% on the news.
Edit

DAMAC Properties gets approval to take firm private

Middle East Online 23 Sep 2021
DUBAI - A Dubai real-estate ... DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai Financial Market stock exchange ... DAMAC stock traded up Thursday over 3% on the news.
Edit

Dubai billionaire Hussain Sajwani to make another attempt at owning 100% of Damac Properties

Gulf News 23 Sep 2021
Dubai. Hussain Sajwani, Dubai's developer billionaire is relaunching a partial offer to take the firm private after the securities regulator of the UAE granted approval, according to a statement on Thursday ... Analysts saw the plan as a blow to Dubai's stock market, hit by a spate of delistings of major companies and an absence of new listings.
Edit

The UAE and the trillion dollar economy opportunity

Gulf News 23 Sep 2021
A few weeks ago, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, tweeted praising the story of Mustafa Qandil, an Arab youth who founded SWVL, a startup that offers smart transportation solutions, from Dubai.
Edit

DAMAC founder gets regulatory approval to go private

Reuters 23 Sep 2021
DUBAI, Sept 23 ... The offer came amid years of downturn in Dubai's property market, exacerbated by the economic fallout from the pandemic. Analysts saw the plan as a blow to Dubai's stock market, hit by a spate of delistings of major companies and an absence of new listings.
Edit

Business Highlights: Jobless claims rise, stocks rally again

Hastings Tribune 23 Sep 2021
Stocks rose broadly for a second day in a row on Wall Street Thursday, reversing the market’s losses for the week just three days after the S&P 500 had its biggest skid since May ... DAMAC Properties still plans to offer $595 million for outstanding shares of the company, the firm said in a filing on Dubai Financial Market stock exchange.
Edit

Dubai at frontier of leading financial markets: Dubai Competitiveness Office

Urdu Point 22 Sep 2021
An analysis of international indicators, from reports such as the World Economic Forum Global Competitiveness Index, and IMD World Competitiveness Yearbook, shows that Dubai has achieved the 11th rank in the Stock Market Index, 13th in Protecting Minority Investors, and 19th in Mergers & Acquisition Activity, globally.
Edit

Schneider partners with France Pavilion at Expo 2020

Gulf Daily News 22 Sep 2021
... Expo 2020 Dubai through on-site demonstrations ... Erik Linquier, Commissioner General for France at Expo 2020 Dubai and Chairman of Cofrex, a publicly-funded SAS (simplified joint-stock) company, added.“We are delighted to welcome Schneider Electric as an Excellence sponsor.
Edit

A semi-collective decline in the Gulf stock exchanges, led by Dubai

The Eastern Herald 21 Sep 2021
Dubai Stock Exchange(File Photo). Most of the Gulf stock ... In the UAE, the Dubai Stock Exchange index fell by 1.2 percent to 2837.5 points, and the losses were led by “Emirates NBD” and “Emaar” shares, declining by 1.77 percent and 1.2 percent, respectively.
Edit

Most of the Gulf stock exchanges fell due to the decline in oil prices

The Eastern Herald 21 Sep 2021
Most of the Gulf stock markets closed lower, led by Dubai, on Monday, amid a ... In the UAE, the Dubai Stock Exchange index fell by 1.17 percent to 2872 points, as most shares fell, except for two shares only, and losses were led by the National Industries share, down by 9.28 percent.
Edit

Dubai's property market is in revival mode - So, should you buy offplan or ready?

Gulf News 21 Sep 2021
Dubai. In Dubai, offplan launches are back in fashion ... This was the developer’s first standalone launch in some time and to be built at a hefty price tag of $545 million in Dubai Marina ... “Other incentives such as the waiver of Dubai Land Department fees and post-handover payment plans further stimulate demand ... In-demand areas for offplan buys in Dubai.
Edit

MIDEAST STOCKS Most Gulf bourses decline as lower oil prices weigh

Reuters 20 Sep 2021
Sept 20 (Reuters) - Dubai led declines among stock markets in the Gulf on Monday, as sentiment was weighed by a fall in global equities and oil prices ... Dubai's main share index ... The fall in Dubai stocks could prove temporary as strong local fundamentals continue to improve.
×