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28 February 02:18 PM UAE stock markets end Sunday’s session higher
Abu Dhabi – Mubasher: The UAE stock markets closed Sunday’s trading session in the green territory. The Dubai Financial Market’s (DFM) general index closed the session up by 0.95% or 24.06 points to reach 2,551.54 points. A total of 97.38 million …
The benchmark index of the DFM inched up by 0.78%
25 February 02:36 PM UAE stock markets close Thursday on varied note
UAE - Mubasher: The UAE stock markets have ended Thursday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) inched up by 0.78% or 19.68 points to close Thursday's session at 2,527.48 points. A total …
The GCC insurers could face key risks relating to volatility of earnings
25 February 12:51 PM S&P Global ratings on GCC insurance market expected to remain stable in 2021
Mubasher: S&P Global predicted its ratings on the GCC insurance market to remain stable in 2021, attributed to strong capital buffers, despite the coronavirus (COVID-19) economic repercussions and uncertainty. A relatively large number of the GCC …
The benchmark index of the DFM declined by 1.54%
24 February 03:05 PM UAE stock markets close Wednesday in red zone
UAE - Mubasher: The UAE stock markets have ended Wednesday's trading session in the red zone. The benchmark index of the Dubai Financial Market (DFM) decreased by 1.54% or 39.44 points to settle at 2,507.80 points by the end of Wednesday's …
The benchmark index of the DFM went up by 0.18%
23 February 02:11 PM UAE stock markets close Tuesday in green zone
UAE - Mubasher: The UAE stock markets have ended Tuesday's trading session in the green zone. The benchmark index of the Dubai Financial Market (DFM) went up by 0.18% or 4.62 points to close Tuesday at 2,547.24 points. A total of 140.46 million …
The benchmark index of the DFM went down 0.98%
22 February 02:04 PM UAE stock markets end Monday on varied note
UAE - Mubasher: The UAE stock markets have closed Monday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) went down 0.98% or 25.41 points to settle at 2,542.62 points by the end of Monday's trading …
The benchmark index of the DFM went down 0.32%
21 February 02:35 PM UAE stock markets end Sunday's session on negative note
UAE - Mubasher: The UAE stock markets have witnessed a downward performance by the end of Sunday's trading session. The benchmark index of the Dubai Financial Market (DFM) went down 0.32% to close Sunday's trading session at 2,568 points. A total …
The Fund allows a single access point to the UAE equity markets
21 February 02:18 PM ADX lists Chimera S&P UAE UCITS ETF Fund
Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) has announced the listing of Chimera S&P UAE UCITS ETF Share Class D – Income under the market symbol (CHAEIN) starting from Tuesday, 23 February. Chimera S&P UAE UCITS ETF - Share …
The main index of ADX went up by around 0.12%
18 February 01:56 PM UAE stock markets end Thursday on varied note
UAE - Mubasher: The UAE stock markets have closed Thursday's trading session on a varied note. The benchmark index of the Dubai Financial Market (DFM) inched down 0.70% or 18.17 points to settle at 2,576.32 points by the end of Thursday's trading …
The benchmark index of the DFM went down 0.61%
17 February 02:22 PM UAE stock markets end Wednesday 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 0.61% or 16.01 points to settle at 2,594.49 points by the end of today's trading …
The benchmark index of the DFM retreated by 1.2%
16 February 02:20 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) retreated by 1.2% or 31.74 points to settle at 2,610.50 points by the end of Sunday's session. A …
The fund mainly targets rapidly-growing markets in MENA and neighbouring geographies.
16 February 02:12 PM Nuwa Capital concludes first close of its $100m fund
Dubai – Mubasher: Nuwa Capital, a Dubai and Riyadh-based venture capital firm, announced the first close of its flagship fund, Nuwa Ventures Fund I (NVF), having raised three-quarters of its $100 million target in less than a year since its …
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15 February 02:53 PM Remittances from Filipinos in GCC down to $5.1bn in 2020
Riyadh – Mubasher: Remittances paid by Filipino labour in GCC countries dropped by 11.21% on an annual basis in 2020. Filipinos’ remittances from the Gulf region registered $5.11 billion last year, compared to $5.76 billion in 2019, according to …
The benchmark index of the DFM went down 0.39%
14 February 02:07 PM UAE stock market close Sunday in red zone
UAE - Mubasher: The UAE stock markets have ended Sunday's trading session in the red zone. The benchmark index of the Dubai Financial Markets (DFM) went down 0.39% or 10.35 points to settle at 2,623.13 points by the end of Sunday's session. A …
The benchmark index of the DFM went up by 0.07%
11 February 02:34 PM UAE stock markets end Thursday in green zone
UAE - Mubasher: The UAE stock markets closed Thursday's trading session on a positive note. The benchmark index of the Dubai Financial Market (DFM) went up by 0.07% or 1.88 points to end Thursday's session at 2,633.48 points.  A total of 187.05 …
The benchmark index of the DFM went down 0.58%
10 February 02:31 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 down 0.58% or 15.56 points to close Wednesday's trading session at 2,631.60 points. A total …
The Shari’ah Credit Fund is expected to make investments of $15 million to $50 million throughout its eight-year life.
9 February 03:20 PM Saudi PIF anchors NBK Capital Partners’ private lending fund
Riyadh – Mubasher: NBK Capital Partners announced the successful first closing of a targeted $300 million Sharia credit fund anchored by the Saudi Public Investment Fund (PIF) and other institutional investors. NBK Capital Partners deploys a …
The benchmark index of the DFM went up by 0.15%
9 February 02:36 PM UAE stock markets resume upward performance on Tuesday
UAE - Mubasher: The UAE stock markets have resumed their upward performance by the end of Tuesday's trading session. The benchmark index of the Dubai Financial Market (DFM) went up by 0.15% or 4.03 points to settle at 2,647.16 points by the end of …
The general index of the Abu Dhabi Securities Exchange (ADX) settled higher by 0.14% on Sunday.
7 February 02:59 PM UAE stock markets end Sunday's session mixed
Abu Dhabi – Mubasher: The UAE stock markets ended Sunday’s trading session on a mixed note, with the benchmark index of the Dubai Financial Market (DFM) inching down by 0.15% or 4.08 points, reaching the level of 2,666.76 points. A total of 93.23 …
This is the second reduction in charges introduced by the ADX in the last two years
7 February 11:18 AM ADX cuts trading fees by more than 22%
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced a reduction in overall trading activity fees on all exchange transactions starting Sunday, 14 February. Fees on all transactions on ADX will be slashed by more than 22% to …
The benchmark index of the DFM decreased by 1.53%
4 February 02:16 PM UAE stock markets maintain downward performance on Thursday
UAE - Mubasher: The UAE stock markets have kept their downward performance on Thursday for the second trading session in a row. The benchmark index of the Dubai Financial Market (DFM) decreased by 1.53% or 41.67 points to close Thursday's trading …
The benchmark index of the DFM went down 0.42%
3 February 02:45 PM UAE stock markets close Wednesday in red zone
UAE - Mubasher: The UAE stock markets have ended Wednesday's trading session in the red zone. The benchmark index of the Dubai Financial Market (DFM) went down 0.42% or 11.62 points to close Wednesday's session at 2,712.51 points. A total …
The ADX's main index increased by about 1.12%
2 February 02:25 PM UAE stock markets maintain positive performance on Tuesday
UAE - Mubasher: The UAE stock markets have closed Tuesday's trading session on the green territory.  The benchmark index of the Dubai Financial Market (DFM) rose by 1.02% or 27.73 points to end Tuesday's trading session at 2,724.13 points. A total …
The benchmark index of the DFM rose by 1.59%
1 February 02:23 PM UAE stock markets resume upward performance on Monday
UAE - Mubasher: The UAE stock markets have resumed upward performance on Monday. The benchmark index of the Dubai Financial Market (DFM) rose by 1.59% or 42.43 points to close Monday's trading session at 2,696.40 points. A total of 114.12 million …
The benchmark index of the DFM rose by around 6.5% in January
31 January 04:41 PM UAE stock markets witness positive performance in January
UAE - Mubasher: The UAE stock markets have concluded January 2021 on a green note. The benchmark index of the Dubai Financial Market (DFM) rose by around 6.5% to settle at 2,654.06 points in January, compared to 2,491.97 points in December 2020. …