#Dubai Financial Market (DFM)

Dubai’s DFM signs MoU with Shenzhen Stock Exchange

Dubai bourse signs MoU with Shenzhen Stock Exchange

Both exchanges will explore cooperation on dual-listing, ETFs, mutual display of indices, and fixed-income products

GCC markets Image: Getty Images - ipo

Most GCC markets extend gains as US recession fear fades

Market watchers called worries of a recession in the US economy “not in line with economic fundamentals”

Drake-Scull-construction

Drake & Scull completes restructuring milestones, eyes future projects

The restructuring has allowed the contractor to write off over Dhs4bn in debt

Spinneys - IPO - DFM

Spinneys increases retail share offering for upcoming IPO

The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO

DFM owner Borse Dubai slashes stake in Nasdaq

Shares of Nasdaq fell more than 2 per cent at one point amid news that its biggest shareholder, Borse Dubai, is cutting its stake

DFM to launch carbon credits pilot programme at COP28 Image Dubai Media Office X

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024