DFM

Abu Dhabi’s ADQ plans to acquire Aramex, bolster logistics holdings

Shares in Aramex opened up 14.7 percent higher at AED2.65 per share on Monday

Strong economy boosts UAE stock markets, resulting in $70 billion market cap growth

By the end of 2024, the Dubai and Abu Dhabi stock exchanges' market cap exceeded $1.06 trillion

Dubai’s talabat shares climb over 7 percent upon listing on DFM

The company will trade under the ticker symbol “TALABAT”

Talabat IPO size increased to 4.65 billion shares to address high demand

The additional 1,164,412,032 offer shares have been wholly allocated to the qualified investor offering

Arab stock exchanges’ market cap rises 2.54 percent to $4.3 trillion in Q3 2024: Report

The Beirut Stock Exchange led the upward movement among Arab stock exchanges, with its index increasing by 29.03 percent

DEWA achieves record revenue of $6.4 billion, $3.2 billion in EBITDA during first nine months

The authority reported a consolidated revenue of AED9.9 billion for the third quarter of 2024, reflecting a 4.75 percent increase

DFM records $10.5 million in major trades on Al Ansari, Ajman Bank

29.1 million shares of Al Ansari were traded for AED28.5 million at AED0.97 each 

DFM net profits surge 60 percent to $81.3 million in first nine months of 2024

Outpacing regional markets, the DFMGI surged by 10.9 percent closing at 4,503.48 points, the highest level since 2014

764 major deals drive $15.79 billion in Abu Dhabi, Dubai bourses this year

At ADX, there were 549 transactions, encompassing 16.6 billion shares valued at AED55.4 billion

DFM sees 10.9 percent gain in 2024, leading GCC markets with 4.1 percent monthly growth in September

The overall growth was widespread, driven particularly by significant gains in key indices such as the Financial Index

Arab stock exchanges’ market cap grows 0.52 percent to $4.268 trillion in August

The Egyptian stock exchange led the Arab stock exchanges with the largest monthly increase of 4.64 percent