Latest News for: Dubai stock

Edit

How soon will Dubai developer Hussain Sajwani pick up another 17.785% in Damac?

Gulf News 10 Jun 2021
Dubai ... Once he does that, it should all be smooth running in his plans to take the Dubai real estate developer back into full private ownership ... And lead up its delisting from the Dubai stock market – and making it the second biggest name to do so in the present ... locations in Dubai.
Edit

50 Bollywood, Hollywood and Arab films that were shot in the UAE

Gulf News 10 Jun 2021
Bollywood superstars Shah Rukh Khan and Deepika Padukone were camped in Dubai’s posh hotel Atlantis The Palm for more than a month to film their dazzling dance spectacle and diamond heist thriller ‘Happy New Year... The premiere was staged in Dubai too ... If you are looking for luxury, then Dubai proved that its stocks are high on that front ... “Dubai...
Edit

Tycoon behind DAMAC's Trump golf club wants full ownership

San Francisco Chronicle 09 Jun 2021
DUBAI, United Arab Emirates (AP) — The billionaire founder of one of Dubai’s largest developers, DAMAC Properties, announced on Wednesday his intention to take the company fully private by buying its publicly traded shares in a move that would delist it from the local stock exchange.
Edit

Trump-linked tycoon to take Dubai developer DAMAC private

Beaumont Enterprise 09 Jun 2021
DUBAI, United Arab Emirates (AP) — The billionaire founder of one of Dubai’s largest developers, DAMAC Properties, announced on Wednesday his intention to take the company fully private by buying its publicly traded shares in a move that would delist it from the local stock exchange.
Edit

MIDEAST STOCKS Most major markets end higher on oil price gains; Dubai dips

Reuters 09 Jun 2021
Most major Gulf stock markets finished higher on Wednesday as oil prices rose, while real estate stocks pressured Dubai to close lower ... read more ... Pressured by its property stocks, Dubai's index (.DFMGI), however, eased 0.1% as Emaar Properties (EMAR.DU) and unit Emaar Malls (EMAA.DU) dropped 1%, while Damac Properties (DAMAC.DU) lost 1.5% ... ....
Edit

MIDEAST STOCKS Most Gulf markets fall; Dubai rises on real estate strength

Reuters 08 Jun 2021
Most major Gulf stock markets fell in early trading on Tuesday, while Dubai bucked the trend, supported by gains in real estate shares. In Dubai, the main share index (.DFMGI) rose 0.2%, led by a 2.3% gain in ...
Edit

50 times the UAE made the impossible possible

Gulf News 08 Jun 2021
In the 50 years since the UAE has existed as a federation, the country has risen from humble beginnings to the greatest heights (quite literally, in the case of the world’s tallest tower, Dubai’s Burj Khalifa) ... DUBAI IS HOSTING THE WORLD AT EXPO 2020. ... DUBAI CREATED ‘THE WORLD’ ... Dubai, UAE Image Credit. Stock image ... Dubai Miracle Garden.
Edit

Pakistan's stock trading app KTrade wants retail investors to think beyond gold and property

Gulf News 07 Jun 2021
Dubai. Pakistan’s digital and fintech businesses are gaining in profile – the stock trading app KTrade has secured $4.5 million from investors ... KTrade comes from KASB Securities, one of Pakistan’s leading stock brokerage firms. It hopes to tap into a fast expanding retail stock investor base, much like what the Robinhood app has done elsewhere.
Edit

MIDEAST STOCKS Emaar lifts Dubai; Egypt declines on banks

Reuters 07 Jun 2021
Dubai's stock market closed higher on Monday after blue-chip developer Emaar Properties reported strong property sales, while the Egypt index was weighed down by a drop in its biggest lender Commercial International Bank. The main share index in Dubai (.DFMGI) rose 0.7%, ...
Edit

MIDEAST STOCKS Most major Gulf stock markets gain; Qatar index eases

Reuters 06 Jun 2021
Most major stock markets in the Gulf rose in early trade on Sunday supported mostly by banking stocks, while Qatar bucked the trend to trade lower. In Dubai, the main share index (.DFMGI) was up 0.6%, boosted by a 1.2% rise in Islamic lender Dubai ...
Edit

MIDEAST STOCKS Major Gulf markets end mixed, Egypt snaps losing streak

Reuters 06 Jun 2021
Major stock markets in the Gulf ended mixed on Sunday, with property shares weighing on the Dubai index, while Egypt snapped a three-session losing streak to close 0.7% higher ... However, blue-chip developer Emaar Properties (EMAR.DU) gained 0.3% after reporting a 250% surge in property sales in Dubai in the first five months of 2021.
Edit

Omani Shares Lead Mideast Gains on Rare Bank Tie-Up: Inside EM

Yahoo Daily News 06 Jun 2021
(Bloomberg) -- ... Meanwhile, benchmark stock indexes in Saudi Arabia, Dubai, Abu Dhabi and Israel also gained, while those in Kuwait, Qatar and Bahrain were little changed. MIDDLE EASTERN MARKETS. ... local timeEmirates NBD +0.7%; Dubai Islamic Bank +0.6%; Damac Properties +2.1%. More stories like this are available on bloomberg.com ... ©2021 Bloomberg L.P. .
Edit

What are ‘meme’ stocks and is this new trend hinting at the next market crash?

Gulf News 06 Jun 2021
Dubai. A new market trend coined ‘meme’ stocks has been on the rise, but it is has been causing widespread concern among experts and analysts as to whether it is indicative of a potential market bubble or an imminent crash ... What is a stock market bubble? ... Signs point to an imminent stock market crash – how can you protect your investments?.
Edit

Trading in Saudi Arabia’s Tadawul reportedly halted due to outage

The National 02 Jun 2021
Saudi Arabia’s Tadawul stock exchange, the biggest stock ... It will become only the third publicly-traded regional stock exchange after the Dubai Financial Market and Boursa Kuwait.
Edit

Saudi Arabia’s Tadawul resumes trading after brief outage

The National 02 Jun 2021
Saudi Arabia’s Tadawul stock ... The bourse is among the top 10 global stock markets with a market capitalisation of $2.6 trillion. It will become only the third publicly-traded regional stock exchange after the Dubai Financial Market and Boursa Kuwait.
×