#Dubai Financial Market

Spinneys’ shares surge above 11% on trading debut

Supermarket chain Spinneys’ shares surge above 11% on trading debut

The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range

Dubai-Financial-Market releases upgraded ivestor app image Dubai Media Office

Dubai Financial Market releases upgraded iVestor app

The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region

DFM unveils initial private offerings platform ARENA

DFM unveils initial private offerings platform ARENA

The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets

spinneys IPO to see 900 million shares listed image courtesy spinneys

Spinneys sets IPO price range, to make DFM debut on May 9

The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30

spinneys IPO to see 900 million shares listed image courtesy spinneys

Spinneys IPO: Food retailer to list 25% of shares on DFM

The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30

Parkin IPO pops 35% on debut Dubai listing

By the end of Thursday, Parkin’s share price soared to Dhs2.84, putting the company’s market capitalisation at Dhs8.5bn

Dubai ALEC IPO on the cards

Parkin’s $429m IPO oversubscribed 165 times

Dubai Investment Fund sold 749,700,000 shares, equivalent to 24.99 per cent of Parkin’s paid-up capital

Dubai’s IPO haul hits Dhs34.5bn in three years

Dubai’s IPO haul hits Dhs34.5bn in three years

The emirate’s continued listing activity is being driven by the implementation of various initiatives such as the IPO accelerator programme

Dubai’s Parkin seeks to raise up to $429m from IPO

Dubai’s Parkin sets IPO price range of up to Dhs2.1 per share

The company will offer around 25 per cent stake, in the emirate’s first privatisation deal this year, giving it an overall valuation of up to Dhs6.3bn

Dubai Financial Market Company

Dubai financial frenzy: Surge as investor accounts hit new record

A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO

Dubai Taxi

Here’s how much Dubai Taxi aims to raise in IPO

The taxi fleet and operating company has revealed the initial target pricing for its share offers, in what is one of the most anticipated IPOs of the year

cybersecurity

GITEX Global 2023: Seclore combines cybersecurity with data-centric solutions

The Middle East witnessed a 77 per cent increase in ransomware activities in the first quarter of 2023, highlighting the need for significant cybersecurity investments by enterprises

DFM’s H1 2023 profit jumps 77% to Dhs112.2m

Dubai Financial Market reports Dhs112.2m half-year profit, up 77%

The DFM General Index posted impressive growth of 14 per cent, closing at 3,972 points while market capitalisation soared to Dhs652bn

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

The city has emerged as one of the world’s safest and most attractive cities to live, visit and work

UAE's Al Ansari Financial Services to list 10% stake in IPO

UAE’s Al Ansari Financial Services to list 10% stake in DFM IPO

The company plans to list its shares for trading on the Dubai Financial Market next month

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

DFM welcomed 167,332 new investors, bringing its investor base to over one million

DFM and DWTC to host IPO summit in Dubai

Dubai Financial Market, DWTC set to host first MENA IPO Summit – Dubai

The inaugural summit will take place from January 23-25 at The Museum of the Future

Dubai Financial market

Dubai Financial Market launches new general index

The developed indices provide various market participants with investable and tradeable benchmarks for the DFM equity market

Taaleem IPO

UAE’s Taaleem sets offer price range, looks to raise $204m from IPO

The subscription period starts today, with trading of shares expected to commence on November 29

Empower

Dubai’s Empower increases IPO stake size from 10% to 15%

The company’s market capitalisation at listing is expected to be between $3.56bn and $3.62bn

Emaar Properties

Emaar Properties to allow 100% foreign ownership from October 25

From next Tuesday, there will be no shareholding limit for non-UAE nationals

Salik

Dubai toll operator Salik raises over $1bn from IPO

Salik is expected to commence trading on the Dubai Financial Market on September 29

Salik

IPO: Dubai to sell 20% stake of road-toll operator Salik

A total of 1.5 billion shares with a nominal value of Dhs0.01 each will be made available in the offering

Emaar Properties’ board recommends scrapping foreign ownership limit on shares

The developer has also recommended to increase the company’s share capital to Dhs8.838bn

DFM adds 20,552 new investor accounts in first 7 months of 2022

Dubai Gold and Commodities Exchange brokerage firms can now join DFM as derivatives members

Dubai Gold and Commodities Exchange-licenced brokerage companies can acquire a range of DFM derivatives membership licenses, including trading brokerage, and trading and clearing brokerage

DFM adds 20,552 new investor accounts in first 7 months of 2022

Dubai’s DFM adds 20,552 new investor accounts in first seven months of 2022

Companies added 2,349 new accounts in July and 2,850 accounts in June

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

Dubai Financial Market posts net profit of Dhs63.4m for H1 2022

The company’s total consolidated revenue reached Dhs163.8m in H1 2022 compared to Dhs136.6m during H1 2021

UAE’s ADX records its highest rise in market and trading value in Q2 2022: AMF

The report also pointed out that the market value of the Dubai Financial Market increased by some $24.45bn

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