Dubai's Damac will list on the Dubai Financial Market (DFM) on Monday, a bourse spokesman said, after the developer offered holders of its London-listed global depository receipts (GDRs) shares in its holding company instead.
Dubai Financial Market (DFM) has signed an agreement with Misr for Central Clearing, Depository and Registry (MCDR) to promote dual listing and share knowledge.
This will pave the way for listed companies on DFM and the Egyptian E
Bahrain Bourse (BHB) has signed a memorandum of understanding (MoU) with Dubai Financial Market (DFM) to introduce an electronic system for swift transfer of shares.
This represents a significant advance in the method of share tra
The value of shares traded at Dubai Financial Market during November reached Dh19.6 billion ($5.33 billion), compared to Dh23.3 billion ($6.34 billion) recorded during October, down 15.9 per cent.
The number of shares traded decre
Dubai Financial Market (DFM) has announced that shares of two newly listed companies, Emaar Malls and Marka, will be added to its General Index (DFMGI) and to sector indices as of today (November 10).
With this, the number of comp
Dubai Financial Market (DFM) Company has recorded a net profit of Dh621 million ($169 million) for the first nine months of the year, compared to Dh179.3 million ($47.3 million) in the same period of 2013, marking a 246 per cent increase.
Shares in Dubai's Emaar Malls Group (EMG) jumped in early trade on Thursday as the stock started trading on Dubai's main stock exchange and drained liquidity from the rest of the emirate's market.
EMG shares, which wer
Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report.
The net foreign investment d
Dubai Financial Market (DFM) has announced that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of results for the second quarter of 2014.
The disclosure of results wa
Dubai's Emaar Properties said on Thursday it had not yet taken a decision on the timing of an initial public offering of its malls business, which was expected later this year.
In a statement released on the Dubai stock exchan