Tag: DFM
Dubai plans to launch $544mn worth fund to boost market liquidity
Dubai has revealed plans to launch a $544 million (Dh2 billion) market-maker fund to encourage trading on the stock market.
Sheikh Maktoum bin Mohammed bin...
Aramex sells its data technology firm InfoFort for $91mn to Iron...
Aramex, a Dubai-based courier company, has completed the sale of InfoFort, a leading records and information management provider in the Middle East and North...
India’s Malabar Gold & Diamonds redomiciles to DIFC; Joins Nasdaq Dubai’s...
One of the largest global jewellery retailer, Malabar Gold & Diamonds' international investment arm Malabar Investments has redomiciled the company with the Dubai International...
Logistics firm Tristar to float its stake on DFM
UAE-based globally recognized energy logistics company Tristar is planning to list on the Dubai Financial Market (DFM) to raise $160 million for a 24...
Dubai mandates regional joint-stock firms to list on local securities exchanges
UAE Vice President, Prime Minister, and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Decree No. (3) of 2021...
Dubai’s Al Mal Capital raises $95.37mn from its REIT listing
UAE-based Al Mal Capital, an asset management subsidiary of Dubai Investments, has secured about $95.37 million through the public equity float of its real...
Dubai Investment reports net profit of $55mn for the third quarter
The UAE-based leading investment company, Dubai Investments (DI) reported a strong $55 million (Dh204.88 million) profit for the third quarter, which meant that the...
Dubai Financial Market begins equity futures trading
Dubai Financial Market (DFM) has launched equity futures trading as part of its new Futures Trading Platform, amid unprecedented participation from the brokerage community.
The...
