With a total of 50 million dirhams in 2023… and interim distributions for the year 2024 The Board of Directors of Amanat Holding Company, listed on the Dubai Financial Market, held on March 28, 2024, recommended distributing cash dividends to shareholders of 2% (equivalent to 2 fils/share) of the capital for the year 2023, with … Read more
Dubai: “The Gulf” The performance of stocks in the GCC countries varied during the week; The Dubai Financial Market Index only declined, over 4 sessions, by 0.91% to the level of 3951.52 points, while the Abu Dhabi Market Index declined by 1.45% to the level of 9400.75 points. In Saudi Arabia, the main market index, … Read more
Dialogue: Muhannad Dagher Ibrahim Al-Haddad, CEO of SALIC, expects that the strong growth momentum achieved by the company in the first nine months of this year will continue during the remainder of 2023. He said in an interview with “Al Khaleej” that he is optimistic about the company’s overall performance in the coming year, thanks … Read more
Hossam Abdelnaby (Abu Dhabi) Local stock market indices reduced the pace of their declines in recent days, starting this week’s trading with good increases at the beginning of trading before closing with acceptable declines of 0.33% for the Abu Dhabi Securities Market index, and a decline of 0.57% for the Dubai Financial Market index. The … Read more
Hossam Abdelnaby (Abu Dhabi) Foreign investors continued their purchases in the local stock markets, bringing their net transactions in yesterday’s trading session to 41.32 million dirhams as a result of purchases, including net purchases in the Dubai Financial Market of about 39.35 million dirhams and 1.97 million dirhams net purchases in the Abu Dhabi Securities … Read more
The banking sector stocks pressured the UAE market indices in March 2023, similar to the global markets that were affected by the collapse of the “Silicon Valley Bank”, which caused investor confusion. The Abu Dhabi market index fell on a monthly basis by 4.2% to the level of 9430.25 points, while the Dubai Financial Market … Read more
Youssef Al Bustanji (Abu Dhabi) The value of cash flowing to the UAE stock markets increased during yesterday’s trading session, settling at AED 3.1 billion, spread between AED 2.62 billion in the Abu Dhabi Stock Exchange and AED 480 million in the Dubai Financial Market, according to statistical data released by the two markets.Yesterday the … Read more
Drake & Scull announced that the court Dubai It issued a ruling to accept the procedures for its restructuring, paving the way for the renegotiation of its shares on the financial market. The company said in a statement to Dubai Financial Market on Monday that the Dubai Court of Appeal issued a ruling on Tuesday … Read more
