Abu Dhabi: The full implementation of the corporate governance codes issued by the Securities and Commodities Authority (SCA) last year will ensure better transparency and less corruption, senior officials said on Monday. "The...
0657 GMT [Zawya Dow Jones]--Abu Dhabi market slips 0.1% to 4555.39. Sorouh Real Estate is down 1.1% to AED7.9. Abu Dhabi Commercial Bank falls 2.1% to AED4.7. The market is testing resistance levels and a climb to 4556-4700 is...
Dubai: Buying picked up on attractive valuations which led UAE shares to positive territory on Monday. The Dubai Financial Market General Index rose 0.47 per cent to close at 5012.31 while Abu Dhabi Securities Exchange Index...
Dubai: The 14th year of His Highness the President of the UAE Championship Derby for Purebred Arabian horses will be held today at the Moscow Race Course with some of the best-known horses from Russia participating. This will...
Dubai: The Dubai Financial Market General Index flattered to deceive, falling 1.11 per cent as investors resorted to profit taking, putting paid to hopes of a longer rally than its counterpart in Abu Dhabi. The benchmark index...
Dubai: A substantial foreign sell-off followed by "panic" selling by local investors led to the market falling for the second straight day in the UAE. UAE markets fell a combined 4.83 per cent, with Abu Dhabi Securities...
UAE shares remained under intense pressure on Monday as investors turned to cash as a result of mounting uncertainties in the real estate sector and a change in central bank policy towards bank lending. The reverberations were...
Sorouh Real Estate has appointed B.R.Kiran as director to head key mixed use developments. Kiran has 18 years experience developing mixed-use projects. Prior to joining Sorouh, he was Development Manager for Nakheel, working on...
The Abu Dhabi Securities Exchange plunged to a nine-month low as the mayhem on the Gulf's stock markets continued. The Dubai Financial Market also declined, to take UAE investors' losses in this month alone to Dh71 billion.
The Dubai Financial Market General Index yesterday plummeted 2.97 per cent, its biggest one-day drop in six months, falling 155.75 points to 5,094.56. The Abu Dhabi Securities Exchange Index slid 121.56 points or 2.55 per cent...