DFM

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

DFM, SZSE partner to strengthen UAE-China capital market ties, enhance cross-border investment

This partnership will foster joint initiatives like roadshows, seminars, research collaborations, and training programs

Dubai Financial Market sees spike in new investor accounts, up 85 percent to 56,345

The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys

Dubai Financial Market announces 74 percent rise in pre-tax net profit to $53.19 million in H1 2024

The first half of 2024 saw a surge in trading activity, higher trade values, and an influx of new investor

51 percent of UAE investors prefer real estate IPOs: Survey

The UAE market contributed a remarkable 58 percent of 2023 IPO proceeds in the GCC region

GCC companies raise $3.6 billion from 23 IPOs in H1 of 2024: Report

The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds

Dubai’s Spinneys revenues surge to $221.89 million, transactions rise by 9.5 percent in Q1 2024

The company's gross profit margin also demonstrated strength, reaching 41.2 percent in the quarter

10 MENA IPOs raise $1.2 billion in Q1 2024: Report

UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs

DFM’s new investor base grows 10 times as Dubai’s IPO market continues to boom

The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international

DFM sees 171 percent increase in Q1 net profits to $26.03 million

DFM’s trading value reached over AED25 billion during Q1 of 2024

Dubai parking operator Parkin set to join DFM indices starting April 22

Technologically advanced parking operator supports Dubai's robust capital markets development strategy

ADX, DFM record nine major direct deals valued at $435.7 million in Ramadan

ADX witnessed five major direct deals on 243.4 million shares worth $186 million

Dubai Financial Market sees 103 percent surge in investor accounts in Q1 2024

Parkin IPO enhances market's attractiveness and draws new investors

Parkin shares jump over 35 percent on first day of trading on Dubai stock market

IPO resulted in market capitalization of AED6.30 billion upon admission

Borse Dubai plans $1.59 billion sale of Nasdaq shares

The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering

Parkin IPO oversubscribed 165 times, demand soars to $71 billion

Parkin will commence trading on the DFM on March 21, 2024

DFM gains $1.91 billion, records its highest levels since April 2015

Leading banking and real estate stocks support the growth of UAE’s financial markets