Wednesday 22 May 2013
 
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Dubai Financial Market

DFM net profit down 11.5pc in Q1

  Dubai Financial Market Company (DFM) said its net profit fell 11.5 per cent in the first quarter to Dh27 million ($7.3 million) from Dh30.5 million in 2012, but the bourse saw its trading value up

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DFM signs agreement with Amaf

  Dubai Financial Market (DFM) said it has signed a MoU with Awqaf & Minors Affairs Foundation (Amaf), as part of the two sides’ deep belief in the importance of mutual collaboration and orchestrated efforts for the goo

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DFM registers solid growth in trading volumes

Dubai Financial Market (DFM), one of Arab world's leading bourses, said the value of shares traded in April soared to Dh7.54 billion ($2.05 billion), up 45.3 per cent when compared to Dh5.19 billion recorded last month. Announcing

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DFM to implement Buyer Cash Settlement

Dubai Financial Market (DFM), one of Arab world's leading bourses, is set to implement the new procedures of Buyer Cash Settlement for trades starting from May 5 pursuant to Resolution No. 44 of 2012 issued by the Securities and Commodities

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DFM swings to 2012 net profit

Dubai Financial Market (DFM), one of Arab world's leading bourses, has recorded a net profit of Dh35.2 million ($9.58 million) for 2012 compared to a net loss of Dh6.9 million the previous year. The company's total revenue

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Dubai hopes sukuk standards to make it global player

Dubai aims to become a top global centre for Islamic bonds by introducing more detailed standards that ensure issuance and trading obey not only the letter but also the spirit of Islamic rules, a securities market official said. T

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DFM accredits firms for margin trading

Dubai Financial Market (DFM) said it has accredited Abu Dhabi firms Finance House Securities and Abu Dhabi Financial Services to provide margin trading at the stock exchange. With this move, the total number of DFM brokerage firms

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DFM posts solid growth in trading volume

Dubai Financial Market (DFM), one of Arab world's leading bourses, said the value of shares traded in 2012 soared to Dh48.6 billion ($13.2 billion), up 51.4 per cent compared to Dh32.1 billion the year before. Announcing its 2

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DFM launches draft for sukuk standard

Dubai Financial Market (DFM) said it has launched the draft of its “Standard for issuing, acquiring, trading sukuk” on its website and has called upon Islamic Finance experts to send feedback on the first of its kind comprehensive st

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Dubai Financial Market narrows Q3 net loss

Dubai Financial Market Company's third-quarter net loss narrowed to Dh1.7 million ($463,000) from Dh9.3 million in the same period last year, the company said on Saturday, citing increased trading activity. The publicly owned

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