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The benchmark index of the DFM went up 0.24%
5 May 02:48 PM UAE stock markets close Wednesday on varied note
UAE - Mubasher: The UAE stock markets have ended Wednesday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) went up 0.24% to settle at 2,650 points by the end of Wednesday's trading session. A total of 74 …
The main index of ADX inched up by about 0.37%
4 May 03:08 PM DFM ends Tuesday down; ADX up
UAE - Mubasher: The UAE stock markets have ended Tuesday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) went down 0.37% to settle at 2,643.8 points by the end of Tuesday's session. A total of 115.31 …
Committed gas investments will likely plunge by $9.5 billion
4 May 02:39 PM MENA energy investments likely to surpass $805bn by 2025
Mubasher: Total planned and committed investments in MENA’s energy sector are expected to exceed $805 billion over the coming five years, the Arab Petroleum Investments Corporation (APICORP) said. This will mark an increase of $13 billion from the …
The value of real estate sales neared AED 5 billion
4 May 12:47 PM Abu Dhabi's real estate transactions hit AED 11.5bn in Q1-21
UAE - Mubasher: The total value of real estate transactions in Abu Dhabi amounted to AED 11.5 billion during the first quarter (Q1) of 2021, according to a recent report by the Abu Dhabi Department of Municipalities and Transport (DMT). …
Middle East Energy Dubai will kick off on 17 May
3 May 03:10 PM Middle East seen as market leader in renewable, clean energy
Mubasher: The MENA region is projected to see 83 GW of renewable and clean energy capacity, mainly from solar and wind power, by 2035, according to a research from Informa Markets. In addition, over AED 55 billion worth of solar power projects …
Emaar Properties climbed by 1.82%
3 May 02:19 PM UAE stock markets end Monday on positive note
UAE – Mubasher: The UAE stock markets continued its upward trend to close in the green territory at the end of Monday’s trading session on the back of rising blue chips. The benchmark index of the Dubai Financial Market (DFM) advanced by 1.13% to …
Emaar Properties advanced by 2.94%
2 May 03:12 PM DFM, ADX end Sunday in green on rising blue chips
UAE – Mubasher: The benchmark index of the Dubai Financial Market (DFM) rose by 0.71% to close at 2,624 points at the end of Sunday’s session on the back of rising blue chips.  The market’s turnover amounted to AED 87.45 million after 84.5 million …
The DGCX traded 12.73 million contracts in 2020
2 May 01:23 PM Israeli firms can now join Dubai Gold & Commodities Exchange
Dubai – Mubasher: The Dubai Gold & Commodities Exchange (DGCX) has obtained the Israel Securities Authority’s (ISA) approval, allowing Israeli firms that trade on a proprietary basis to join and use its trading services and platforms. Israeli …
Plastic waste often impact marine life, ecosystems, and food chains
30 April 03:46 PM Egypt could soon ban single-use plastics amid COVID-19
By: Moslem Ali Cairo – Mubasher: Plastic bags that are often used for an average of 25 minutes could take more than 20 years to decompose, while other single-use plastic products, according to the World Wildlife Fund (WWF), might need between 400 …
The benchmark index of the DFM went down 0.38%
28 April 02:44 PM UAE stock markets maintain downward performance on Wednesday
UAE - Mubasher: The UAE stock markets have kept the downward performance by the end of Wednesday's trading session for the second session in a row. The benchmark index of the Dubai Financial Market (DFM) went down 0.38% to settle at 2,620 points …
The benchmark index of the DFM went down 0.61%
27 April 02:44 PM UAE stock markets close Tuesday's session in red zone
UAE - Mubasher: The UAE stock markets have ended Tuesday's trading session in the red zone. The benchmark index of the Dubai Financial Market (DFM) went down 0.61% to close Sunday's session at 2,630 points. A total of 78.85 million shares were …
The benchmark index of the DFM inched up 0.05%
25 April 02:56 PM UAE stock markets close Sunday in green zone
UAE - Mubasher: The UAE stock markets have ended Sunday's trading session on the green zone. The benchmark index of the Dubai Financial Market (DFM) inched up 0.05% to settle at 2,627.12 points by the end of Sunday's session. A total of 75.92 …
Dubai saw a 23% monthly growth in the number of property transactions
25 April 02:30 PM Dubai sees 4,643 real estate sales transactions in March 2021
UAE - Mubasher: Dubai recorded 4,643 real estate sales transactions worth AED 10.93 billion in March 2021, reflecting the highest number of property transactions in 16 months. The emirate saw a 23% month-on-month (MoM) growth in the number of …
The main index of ADX inched up by about 0.7%
22 April 03:03 PM UAE stock markets end Thursday's session in green zone
UAE - Mubasher: The UAE stock markets have ended Thursday's trading session on the green zone. The benchmark index of the Dubai Financial Market (DFM) went up 0.99% to settle at 2,625.71 points by the end of Thursday's session. A total of 91.96 …
UN in 2015 led its member states to adopt the 2030 Agenda for Sustainable Development
22 April 12:06 PM Are MENA countries on track with achieving SDGs?
By: Ingy ElSafy Mubasher: The United Nations (UN) led its member states in 2015 to adopt the 2030 Agenda with 17 Sustainable Development Goals (SDGs) that include 169 specific targets, covering social, economic, and environmental dimensions, in …
The benchmark index of the DFM went down 0.92%
21 April 03:09 PM UAE stock markets end Wednesday's session in red zone
UAE - Mubasher: The UAE stock markets have closed Wednesday's trading session in the red zone. The benchmark index of the Dubai Financial Market (DFM) went down 0.92% to settle at 2,599.95 points by the end of Wednesday's trading session. A total …
The benchmark index of the DFM went down 0.31%
20 April 02:18 PM UAE stock markets close Tuesday on varied note
UAE - Mubasher: The UAE stock markets have ended Tuesday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) went down 0.31% to settle at 2,624.27 points by the end of Tuesday's session. A total of 160.48 …
The benchmark index of the DFM went down 0.14%
19 April 02:04 PM UAE stock markets close Monday's session in red zone
UAE - Mubasher: The UAE stock markets have closed Monday's trading session in the rez zone. The benchmark index of the Dubai Financial Market (DFM) went down 0.14% to close Monday's session at 2,632.58 points. A total of 101.31 million shares were …
Dubai’s residential net yields averaged 6.1%
19 April 10:23 AM Dubai sees quarterly improvements in residential capital value in Q1-21
UAE - Mubasher: Dubai's real estate market witnessed quarterly improvements in the residential ValuStrat Price Index (VPI), which tracks the change in capital values for a representative fixed basket of properties, during the first quarter (Q1) of …
The benchmark index of the DFM went up 0.12%
18 April 02:18 PM DFM closes Sunday up; ADX down
UAE - Mubasher: The UAE stock markets have ended Sunday's session on a varied note. The benchmark index of the Dubai Financial Market (DFM) went up 0.12% to close Sunday's session at 2,636.4 points. A total of 167.95 million shares were traded …
DP World has contributed to the growth of the F&B sector in the UAE
14 April 01:51 PM UAE aims to occupy 1st position in Global Food Security Index by 2051
Mubasher: The UAE seeks to occupy the number one ranking in the Global Food Security Index by 2051 and further improve food security. This announcement was made during a webinar entitled "Agritech - Enhancing Food Security in the UAE" and …
Online shopping has become more of a long-term behavior change
13 April 03:18 PM Online shopping in KSA, UAE likely to grow during Ramadan – Report
Riyadh – Mubasher: A greater surge in online shopping is expected to be witnessed during the month of Ramadan, which has just started today on 13 April, a recent survey Checkout.com unveiled. Online spending by consumers in the UAE and Saudi …
The benchmark of the DFM went up 0.4%
11 April 02:37 PM UAE stock markets keep upward performance for second consecutive session
UAE - Mubasher: The UAE stock markets have kept the upward performance for the second session in a row by the end of Sunday's trading session. The benchmark of the Dubai Financial Market (DFM) went up 0.4% to close Sunday's session at 2,593 …
Central Bank of Egypt - (Photo Archive)
11 April 01:47 PM CBE to introduce instant payment module, soft POS in 2021 - Deputy Governor
By: Marina Gamil Cairo – Mubasher: The Central Bank of Egypt (CBE) will this year launch a full-fledged instant payment module, after finalising regulations, and introduce a soft point of sale (POS) system that allows the use of mobile phones as …
The benchmark of DFM went down 0.57%
7 April 03:03 PM UAE stock markets close Wednesday's session down
UAE - Mubasher: The UAE stock markets have closed Wednesday's trading session in the red zone. The benchmark of the Dubai Financial Market (DFM) went down 0.57% to settle at 2,559.36 points by the end of Wednesday's trading session. A total …