#DFM

Assets of local companies listed in financial markets rise by 10% in H1 2022

Assets of national companies listed on ADX, DFM show 10% rise in H1 2022

The banking sector was the leading contributor, with 17 banks accounting for 69 per cent of total assets

Union Coop begins first day of trading on Dubai Financial Market

Union Coop begins first day of trading on Dubai Financial Market

Trading commenced under the symbol ‘UNIONCOOP’ on July 18

Dubai’s Damac appoints new chairman, forms committee to assess Sajwani’s offer

Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac

Tristar pulls Dubai IPO as investors push back on valuation

Tristar’s IPO was slated to be the second listing in three years on the Dubai Financial Market

Logistics firm Tristar sets price range for second Dubai IPO in three years

The company plans to offer up to 24 per cent of its shares in the IPO

U.A.E. Financial Markets Following Veil Lift on Debt

UAE raises daily decline limit in shares back to 10% from February 28

Authorities had reduced the cap to 5 per cent in March 2020 to contain the fluctuations triggered by the pandemic

UAE-BUSINESS- Arabtec

CEO of Dubai contractor Arabtec resigns amidst its ongoing liquidation

Wail Farsakh was appointed to the role in April 2020

Emaar Development announces new chairman, Alabbar to remain in executive role

Adnan Kazim has been named as its new chairman in line with regulatory requirements

Dubai Financial Market announces H1 2022 results, posts net profit of Dhs63.4mn

Dubai Financial Market appoints new CEO, reports 21% rise in H1 profit

The DFM attracted 1,718 new investors during the first half of the year