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News Analysis

Turnover amounted to AED 222.95 million
4 June 02:59 PM ADX gains AED 1.81bn on Thursday
UAE – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) went up by 0.43% or 18.40 points to settle at 4,303.14 points by the end of Thursday's session, maintaining its positive performance. Turnover amounted to AED 222.95 million …
The market cap value jumped by AED 3.74 billion
4 June 02:44 PM DFM exceeds 2,000 pts at Thursday's close
Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) closed Thursday's session at 2,039.48 points, up 1.98% or 39.77 points, crossing the 2,000-mark for the first time since April 2020. The market cap value jumped by AED 3.74 …
The airline has linked Melbourne and Sydney with London
4 June 12:06 PM Etihad Airways to link 20 cities via Abu Dhabi from 10 June
UAE – Mubasher: Etihad Airways will connect 20 cities in Europe, Asia, and Australia together via Abu Dhabi starting 10 June, according to a press release on Thursday. Recently, the airline has linked Melbourne and Sydney with London Heathrow by …
The decision includes the international airports of Abu Dhabi and Dubai
4 June 09:42 AM UAE to resume international flight operations across airports
UAE - Mubasher: The UAE has allowed airports to resume operations of passenger transportation and transit from other international airports, as part of the country's measures to re-open businesses. This announcement was made by the spokesman of …
The market cap value increased by AED 900m
3 June 03:19 PM ADX up on Wednesday; market cap reaches AED 481.78bn
Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) inched up by 0.17% or 7.36 points to close Wednesday's trading session at 4,284.73 points. Turnover amounted to AED 261.07 million after the exchange of 63.85 million …
The market cap value amounted to AED 288.08bn
3 June 02:25 PM DFM gains 15 pts on Wednesday
Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) increased by 0.76% or 15.25 points to 1,999.71 points by the end of Wednesday's trading session, maintaining the upward performance on Tuesday, 2 June. A total of 161.61 …
May's PMI has reflected a considerable decline
3 June 01:48 PM UAE PMI sees fourth contraction in row - IHS Markit
UAE - Mubasher: The IHS Markit UAE Purchasing Managers' Index (PMI) increased to 46.7 in May from 44.1 in April, according to a press release on Wednesday. May's PMI has reflected a considerable decline in the UAE's non-oil private businesses in …
Dubai Financial Market
3 June 11:04 AM GFH reveals market making activity for May
Mubasher: GFH Financial Group announced the market making transactions conducted by its market maker, Securities and Investment Company (SICO), during May 2020 in Bahrain Bourse and the Dubai Financial Market (DFM). In Bahrain Bourse, the company …
KPMG - Saudi Arabia
2 June 04:53 PM M&A deals in GCC expected to grow amidst COVID-19 – Report
Riyadh – Mubasher: A recent report by KPMG is expecting merger and acquisition (M&A) deals in Saudi Arabia and other Arabian Gulf countries to increase amid the coronavirus disease (COVID-19) pandemic. With many small and medium-sized enterprises …
Sharjah has issued AED 4 billion Sukuk
2 June 04:00 PM Sharjah pumps AED 4bn liquidity to support banking system
UAE - Mubasher: Sharjah Finance Department (SFD) has issued AED 4 billion Sukuk to enable the emirate's banks to provide financial support to the sectors impacted by coronavirus (COVID-19). The 12-month AED-dominated Sukuk, representing the first …
The telecommunications sector led the gainers
2 June 02:33 PM ADX up on Tuesday; market cap gains AED 10.23bn
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) ended Tuesday's trading session on green zone after gaining 2.56% or 106.67 points to 4277.38 points, keeping its upward performance for the third consecutive session. The …
Around 186.77 million shares were exchanged
2 June 02:14 PM DFM keeps upward performance for second session in row
Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) edged up 0.54% or 10.74 points to stand at 1,984.46 points by the end of Tuesday's trading session, maintaining its positive performance on Monday, 1 June. The market cap …
The DFM Smart Services App will include new services
2 June 01:39 PM DFM enables digital transformation via new Smart Services App
Dubai – Mubasher: Dubai Financial Market (DFM) has launched an all-inclusive DFM Smart Services App to enable investors to have access to its services and information. This new application is part of DFM's "Smart Borse" Strategy that aims …
DFM emphasised the importance of precautionary measures
2 June 10:59 AM DFM's headquarters reopens with 50% of staff
Dubai – Mubasher: Dubai Financial Market (DFM) has received 50% of its employees back to work from its headquarters, starting Sunday, 31 May, after a two-month closure due to coronavirus (COVID-19). Chief Operating Officer (COO) …
Turnover totaled AED 198.07 million
1 June 02:35 PM ADX maintains positive performance on Monday
Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) inched up by 0.7% or 29.10 points to stand at 4,170.71 points by the end of Monday's trading session, maintaining its positive performance. The market cap value …
Around 131.70 million shares were traded
1 June 02:17 PM DFM up on Monday; market cap gains AED 3.24bn
Dubai – Mubasher: Dubai Financial Market (DFM) has resumed its upward performance after the benchmark index had increased by 1.47% or 28.63 points to close Monday's trading session at 1,973.72 points. The market cap value grew by AED 3.24 billion …
Abu Dhabi's banks registered assets of AED 1.407
1 June 09:43 AM Abu Dhabi, Dubai banks record AED 2.9trn assets in April
UAE – Mubasher: The assets of banks operating in Abu Dhabi and Dubai have reached around AED 2.897 trillion in April, according to the Emirates News Agency (WAM). This figure represented 92% of the UAE banking sector's assets, which recorded …
The real estate sector hit the top of the decliners
31 May 05:04 PM ADX loses 89 pts in May
Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) closed May's trading on in red at 4,141.61 points, losing 2.09% or 88.76 points compared to its level by the end of April at 4,230.37 points. The real estate sector …
Photo Archive
31 May 04:01 PM Tadawul lists AlBilad Gold ETF
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the listing and trading units of “AlBilad Gold ETF” as an exchange-traded fund (ETF). on Tuesday 2 June 2020. The units if the fund will be traded under the symbol 9405. The Saudi …
Turnover amounted to AED 73.96 million
31 May 03:05 PM ADX gains AED 3.27bn on Sunday
Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) rose by 0.54% or 22.30 points to close Sunday's trading session at 4,141.61 points, unlike the negative performance on Thursday, 28 May. The market cap value increased …
The banks sector topped the decliners
31 May 02:16 PM DFM closes Sunday in red zone
Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) decreased by 0.83% or 16.39 points to settle at 1,945.09 points by the end of Sunday's trading session, keeping its downward performance for the second session in a row. The …
Dubai's total installed capacity is 11,700 MW of electricity
31 May 12:51 PM Dubai's clean energy share rises to 9% – DEWA
UAE - Mubasher: The Dubai Electricity and Water Authority (DEWA) has announced that around 9% of Dubai's energy is produced from clean resources, according to the Emirates News Agency (WAM). Generating 9% of Dubai's power from clean resources is …
The UAE's oil production in May came in line with the OPEC+ agreement
31 May 10:19 AM UAE delivers 2.4m bpd in May
UAE - Mubasher: The UAE has produced 2.40 million crude oil barrels per day (bpd) in May, a source told Reuters. The UAE's oil production in May came in line with OPEC+ agreement to cut oil supply by 9.7 million bpd as of 1 May, due to a decrease …
A total of 139.40 million shares were exchanged
28 May 03:47 PM ADX ends Thursday in red
Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session on a negative note with the decline of blue-chips such as First Abu Dhabi Bank (FAB) which slid by 0.89%. The general index fell by …
Emirates NBD generated AED 879.53 million in turnover
28 May 02:07 PM DFM drops 1.1% at Thursday's close
Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) fell by 1.15% or 23 points to end Thursday’s trading session at 1,961.48 points, dragged by falling blue-chips led by Emaar Properties which dropped by 3.10%. The market cap …