Business - Stock Market

Emirates 24/7 — Dubai’s main stock index surged 1.96% on Tuesday, its sharpest daily gain in five weeks, as heavyweights in the financial and industrial sectors powered a broader regional rally. The Dubai Financial Market (DFM) added over 20.8 billion dirhams ($5.66 billion) to its market capitaliz

Emirates 24/7  — Global stock indices and U.S. equity futures plummeted on Monday as oil prices surged toward $120 per barrel, driven by the escalating conflict in the Middle East. The sharp rise in energy costs has cast a long shadow over global economies, particularly those heavily reliant on cru

Emirates 24/7 — The U.S. dollar held steady in early Asian trading on Friday, heading for its largest weekly gain in more than a year as the escalating conflict in the Middle East boosted demand for safe-haven assets. The euro and yen remained under pressure following a surge in oil prices triggere

Emirates 24/7  — U.S. stocks closed lower on Thursday as investors weighed hawkish signals from Federal Reserve officials against escalating geopolitical risks in the Middle East. The Dow Jones Industrial Average shed 336 points, or 0.7%, to end at 48,403. The S&P 500 edged down 0.2% to 6,856,

The stock market is a dynamic landscape constantly shaped by economic trends, technological advancements, and shifting investor sentiment. As we enter 2025, understanding which sectors are poised for growth is essential for traders and investors seeking to make informed decisions. Sector-based inve

China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy. The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10% from 3.35%, while the f

Borse Dubai Ltd., the largest single shareholder in Nasdaq Inc., plans to sell a part of its stake in a secondary share offering, raising close to $1.6 billion. Borse Dubai is selling 26.96 million shares of the US exchange operator's common stock at $59 per share, reducing its stake to around 10.8

Dubai Financial Market (“DFM”) today welcomed the successful listing of Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai.  The Offering saw significant demand from international and regional institutional investors and retail investor

Dubai Financial Market (DFM) today announced the introduction of a pilot program for trading carbon credits, scheduled to debut at COP28. This move positions the financial market at the forefront of climate action as a regulated platform where project capital raising, carbon credit trading and safe

Dubai Taxi has announced the launch of its Initial Public Offering (IPO) today, initiating a significant opportunity for investors. The subscription window for individual investors spans from today until the 28th of this month, while professional investors have until the 29th of November to partici

Abu Dhabi Securities Exchange (ADX) Welcomes the Secondary Green Bond Listing by Masdar Abu Dhabi, 10 October 2023: Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of a USD 750 million Green Bond by Abu Dhabi Future Energy Company (Masdar), the global clean energy powerhouse base

Nasdaq Dubai welcomed the debut listing of USD 350 million Green Bond by FIVE Holdings, a prominent luxury hospitality and development company based in Dubai. This listing marks a significant moment for FIVE, making it their first appearance on the region's esteemed international financial exchange