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May 10, 2021
Dubai stocks advanced for a fourth straight session riding on an earnings-driven rally while Abu Dhabi stocks headed marginally lower before the Eid holidays. Saudi Arabian shares moved up, ending three days of trading in red. Dubai Financial Market clawed back intra-day losses as banking and real estate shares rebounded to help the index close higher by 0.4 per cent to 2,696 points. Mondays advance marked the gauges sixth rise in the last seven sessions after upbeat first-quarter results set...
May 9, 2021
Dubai: Abu Dhabi stocks expanded last weeks gains and picked up on the back of blue-chip banking stocks, while advances in Dubai stocks were once again led by the property shares ahead of their earnings announcements. Abu Dhabi Securities Exchange traded 0.7 per cent higher at 6,196 points to extend gains from the last week, marking its fifth advance in the previous six session. The bull run came riding on strong first-quarter results from the corporate world and followed two earlier weeks of s...
May 9, 2021
Dubai: Abu Dhabi and Dubai stocks eked out hefty gains on the first day of the new week, extending their recent rally triggered by a host of upbeat first-quarter results. The markets are expected to sustain the run of gains as companies have last few days left for earnings announcements. Abu Dhabi Securities Exchange shot up 1.1 per cent at 6,218 points in what was its fifth advance in the last six sessions and its biggest single-day leap since the middle of last month. International Holding su...
May 7, 2021
Property Purchasers Can Now Use Credit And Debit Cards To Purchase Property With Emaar Development In Partnership With Visa (5 May 2021) UAE based customers can now make property installment payments and even purchase property by using their Visa Credit and Debit Cards Emaar Development and global digital payments leader, Visa, today announced a partnership which will enable UAE based customers to purchase property and make convenient installment payments by using their Visa debit and...
May 6, 2021
Dubai market remains muted, but strong numbers from property blue-chips can help
May 6, 2021
Abu Dhabi stocks closed out the week with a host of robust corporate earnings topping market expectations and stoking investor confidence. Saudi stocks, on the other hand, ended lower with earnings weighing them down. Abu Dhabi Securities Exchange ended the day higher by 0.6 per cent to 6,152 points, and is up 1.7 per cent for the week, with signs that more listed companies are plotting their way out of last years subdued activity. The weekly gains mark a reversal from two consecutive weeks ...
May 5, 2021
Now, you can buy property in Dubai with debit, credit cards Waheed Abbas/Dubai (Reuters) Emaar Development ties up with VISA for a bumper offer for realty buyers. Emaar Development and global digital payment firm Visa have tied up to allow customers in the UAE to buy properties in Emaar projects through their debit and credit cards. Ahmad Al Matrooshi of Emaar Development said in a fast-growing, digital world, customers would enjoy the plethora of benefits and conveniences that come with the bi...
May 5, 2021
Dubai: Saudi Arabian stocks extended their lacklustre performance in recent sessions weighed down by a number of subpar first-quarter earnings, while Dubai shares ended the day higher mainly as blue-chip property stocks continued to cheer the markets. Saudi Arabias benchmark index dropped 0.7 per to 10,252 points slipping for a fourth day in the last five sessions as the index underwent pressure from mixed corporate earnings and as a raging pandemic in parts of the world continued to cloud oil...
May 5, 2021
DFM Investors Roadshow 2021 Enlightens International Institutions On Investment Opportunities And Robust Performance Of Dubai Companies Wed 05th May 2021 | 10:00 PM (UrduPoint / Pakistan Point News / WAM - 05th May, 2021) DUBAI, 5th May 2021 (WAM) - The Dubai Financial Market (DFM) will virtually organize its annual International Investors Roadshow 2021 between 18 and 19 May, in collaboration with Goldman Sachs. The Roadshow will enable listed companies on Dubai capital markets to connect w...
May 5, 2021
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