News Analysis

UAE - Mubasher: The UAE’s seasonally adjusted Purchasing Managers' Index (PMI) was kept unchanged from April 2024 at 55.3 in May, according to the latest S&P Global PMI data. The reading was still higher than its long-run average of 54.4, …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) showed a negative performance on Tuesday after losing 7.06 points (0.17%) and ending the trading session at 3,985.97 points. A total of 169.93 million shares were exchanged during the …

UAE – Mubasher: Kamil Al Awadhi, Regional Vice President for Africa and the Middle East at the International Air Transport Association (IATA), stated that passenger traffic in the UAE and the GCC is projected to grow by 4% annually between 2024 …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s trading session higher by 15.10 points (0.38%) than 3,993.03 points. A total of 175.86 million shares were exchanged during the session at a value of AED 302.12 million. …

UAE - Mubasher: The Dubai Chamber of Commerce highlighted that the GCC market remained the top global export and re-export destination for its member companies in the first quarter (Q1) of 2024. The GCC region accounted for 55.50% of total exports …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) gained 11.21 points (0.28%) points on Thursday and closed the trading session higher at 3,971.01 points. A total of 308.68 million shares were exchanged during the session at a value …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Wednesday’s trading session lower by 27.09 points (0.67%) at 3,959.80 points. A total of 1.16 billion shares were exchanged during the session at a value of AED 723.24 million. …

Mubasher: The crude oil market is witnessing a rise due to escalating tensions in the Middle East following the killing of an Egyptian soldier in a clash with Israeli forces, according to a report by Saxo Bank. The price of West Texas Intermediate …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 40.57 points (1%) on Tuesday and ended the trading session at 3,986.89 points. A total of 107.58 million shares were exchanged during the session at a value of AED 311.22 million. …

Mubasher: The Middle East ranked as the fastest-growing real-time payment market for the second consecutive year in 2023, according to the 2024 Prime Time for Real-Time report by ACI Worldwide and GlobalData. The region's real-time payment market …

UAE – Mubasher: The UAE came first in the MENA region and 18th globally in the World Economic Forum’s Travel & Tourism Development Index (TTDI) 2024, according to the WEF report. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the …

Mubasher: The increased investor confidence is driving sustained demand across the healthcare value chain in the Middle East region, according to JLL. JLL recently advised a consortium led by UAE-based Fajr Capital to acquire a 65% shareholding in …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s trading session higher by 14.81 points (0.36%) than 4,027.46 points. A total of 73.19 million shares were exchanged during the session at a value of AED 220.96 million. …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) lost 34.23 points (0.84%) on Thursday and ended the trading session at 4,023.64 points. A total of 96.54 million shares were exchanged during the session at a value of AED 349.15 …

Riyadh – Mubasher: The third edition of the Future Aviation Forum has witnessed the signing of several agreements on the first two days of the event, which had nearly 5,000 delegates from over 100 countries to elevate global connectivity. On top …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) went down by 17.31 points (0.42%) and ended Wednesday’s trading session at 4,057.87 points. A total of 244.85 million shares were exchanged during the session at a value of AED 582 …

Abu Dhabi – Mubasher: An investor has executed a large direct deal on ADNOC Gas on the Abu Dhabi Securities Exchange (ADX) on 21 May 2024. The deal is executed on 15 million shares with a value of AED 45.70 million, or AED 3.05 per share, …

Riyadh – Mubasher: The Future Aviation Forum 2024 is expected to showcase the $100 billion investment programme of opportunities available in the Saudi aviation sector that will accelerate the development of aviation globally. The three-day event, …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) showed a positive performance on Tuesday after rising by 7.98 points (0.19%) to 4,075.18 points. A total of 127.41 million shares were exchanged during the session at a value of AED …

Riyadh – Mubasher: Saudi Arabia’s civil aviation sector is contributing $53 billion to the kingdom's economy, according to a report by the General Authority of Civil Aviation (GACA). The contribution of the sector to the Saudi economy includes …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Monday’s trading session lower by 1.03 points (0.02%) at 4,067.20 points. A total of 149.16 million shares were exchanged during the session at a value of AED 405.42 million. …

Riyadh – Mubasher: The third edition of the Future Aviation Forum has kicked off today in the capital of Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques King Salman. The event is being held for three days, 20-22 May 2024, …

UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Thursday’s trading session in the red zone after falling by 7.47 points (0.18%) to 4,085.78 points. A total of 174.22 million shares were exchanged during the session at a value …