Latest News for: Dubai stock


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 ...

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.

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.

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 ... .

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 ... ....

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 ... ....

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.

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.

Tecom IPO: Dubai company may raise as much as $455m from DFM listing

The National 16 Jun 2022
The final offer price will be determined through a book-building process and will be announced on June 27, with Tecom shares beginning to trade on the Dubai stock exchange on July 5, subject to market conditions and the obtaining of relevant regulatory approvals in the UAE.

US Fed rate hike: Bitcoins and cryptos get no lift in mood

Gulf News 16 Jun 2022
Dubai. Stock markets and currencies are holding the line the day after the Fed’s hike – but for Bitcoin and other cryptocurrencies, it’s still an indifferent day ... “Bitcoin dropping below the critical support level of $ 25,000 saw major stop-outs and long position exits at a rapid scale,” said Bal Kishen Rathore, CEO at Dubai-based Century Financial.

From India to Japan, stock markets give a thumbs up to Fed hike

Gulf News 16 Jun 2022
Dubai. Asian stock markets from India to Japan have shaken off concerns they may have had about aggressive interest rate hikes by the US Fed, with all the major indexes in positive territory except for the Hang Seng. Even there, the dip is below 100 points ...Despite the bounce today, the Indian rupee and stock markets will remain soft short-term ... .

Powin sells minority stake to Samsung investment arm

Energy Storage News 16 Jun 2022
Powin is the fifth-largest battery energy storage system integrator in the world. Image. Powin ... Powin CEO Geoff Brown said ... Samsung C&T is best-known for major skyscraper projects including the Burj Khalifa in Dubai, the world’s tallest, the Petronas Towers in Malaysia and the in-development Saudi Stock Exchange Tadawul Tower ... ....

Dubai's Salik becomes a company, can add, remove toll gates

Gulf News 15 Jun 2022
Dubai. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai issued a law on Wednesday to establish Salik as a Public Joint Stock Company ... the new Law, and other relevant Dubai legislations.

Dubai's road-toll operator Salik becomes a public joint stock company

Gulf News 15 Jun 2022
Dubai. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai issued a Law on Wednesday to establish Salik as a public joint stock company ... The company, which has its headquarters in Dubai, can open branches and offices in Dubai and outside the emirate.

Dubai’s Salik converted into joint stock company ahead of potential IPO

Arab News 15 Jun 2022
Dubai has turned state-owned toll operator Salik into a public joint stock company ahead of a potential public offering, Dubai Media Office ...

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