Subscription for UAE “Parkin” shares runs out within minutes
The price range for the planned initial public offering of Parkin shares was set between two dirhams and 2.1 dirhams ...
Tag: Dubai Financial Market Index
$90 million in Dubai Financial Market profits in 2023… a growth of 124%
The Dubai Financial Market concluded 2023 with great success, driven by a significant increase in trading activities and capital flow, ...
Dubai Islamic profits exceed $1.9 billion in 2023, a growth of 26%
The bank said, in a statement on the Dubai Financial Market, that net financing and sukuk investments recorded a growth ...
Due to bets on lowering interest rates, the Dubai market is in green
Oil prices, a major catalyst for financial markets in the Gulf region, rose on Friday as ongoing tensions in the ...
Dubai Islamic Bank’s profits reached $1.3 billion in 9 months…a growth of 18%
Dubai Islamic Bank, listed on the Dubai Financial Market, said in a statement that this growth comes against the backdrop ...
Expectations of the Fed’s rate hike push Gulf stock exchanges to decline
On Friday, Powell confirmed that the central bank will do everything in its power to confront inflation. The Gulf Cooperation ...
The Dubai Financial Market recorded its first weekly gain in two weeks
Most countries of the Gulf Cooperation Council, including the UAE, peg their currencies to the dollar and follow in the ...
$86 million in profits from Dubai Investments in the first quarter of 2023, an increase of 55 percent
The company said that total revenues recorded strong growth, reaching 1.02 billion dirhams (equivalent to 280 million dollars), compared to ...
Al-Ansari intends to offer its shares on the Dubai Financial Market and aims to distribute profits of $ 163 million in 2023
The group said in a statement that 750 million shares will be made available for public subscription, with a nominal ...
$13.75 billion in profits of 14 UAE banks listed in 2022, a growth of 32 percent
According to the disclosures of the listed banks announced on the financial market websites, the net profits of banks during ...
