This marks Dubai’s first privatisation move of the year
Dubai bourse
Latest in Dubai bourse
Abu Dhabi
Banking, real estate blue chips drive UAE stock markets on Wednesday
In Abu Dhabi, Index FADGI closed at 9,621.620 points, while in Dubai, the main index ended at 3,987.07 points
DFM
Dubai stock index hits 8-year high as real estate booms
Dubai’s main stock index reaches its highest level since August 2015, driven by real estate market gains
Abu Dhabi bourse
UAE and Saudi stock markets rise on spurt in oil prices
Improved investor sentiments also helped the two markets to make gains
Abu Dhabi bourse
UAE, Saudi stock markets rise amid receding fears on banking collapse
Rising energy prices have also lifted morale in the market, with the Dubai Financial Market hitting a 6-month high
Al Ansari Exchange
UAE’s Al Ansari increases IPO size to 7.5 percent for retail investors
This decision was made in response to the strong demand from retail investors and elevated oversubscription of the UAE Retail Offer
Abu Dhabi bourse
Interest rate hike: UAE, US bourses see mixed performances on Wednesday
The Abu Dhabi main index edged 0.065 percent higher, supported by First Abu Dhabi Bank gaining 1.3 percent to close AED16.00
British curriculum
Taaleem IPO: Dubai school operator raises $204 million, oversubscribed 18 times
The offering saw demand particularly from investors in the UAE and internationally
Abu Dhabi
UAE stock market shows mixed performances on Monday
Abu Dhabi’s stock market edged up 1.2 percent to 10,412.250 points, while the Dubai bourse ended in the red with 0.52 percent down to 3,331.760 points
Abu Dhabi bourse
Upbeat sentiments in real estate, banking sectors push UAE stock markets index
Dubai bourse’s main share index – DFMGI – closed 0.98 percent higher, driven by real estate, banking sectors
DFM
Dubai Financial Market plans to adopt new index methodology during Q4 2022
The exchange indices are to be calculated by S&P Dow Jones Indices
Abu Dhabi bourse
Interest rates hike impacts UAE bourses, with DFM closing 0.77 percent down on Thursday
The Abu Dhabi bourse, however, ended almost flat
DFM
Salik raises over $1 billion from oversubscribed IPO
The company’s shares will now begin trading on the Dubai stock exchange starting September 29
Abu Dhabi bourse
UAE stocks reach three-week high, driven by real estate
The gains were also noted among the energy sector, district cooling sector and foreign investors
DFM
Union Coop taps xCube for market maker services ahead of its Dubai IPO
Union Coop, which operates 23 branches, earlier announced its intention to float on the Dubai bourse, which will make it the first consumer cooperative in the UAE to do so
Capital Markets
Experts optimistic of Dubai’s capital market, as TECOM Group debuts on DFM
The IPO comes as Dubai, and the wider Arabian Gulf region, aims to develop its capital market scene
Capital Markets
TECOM Group to debut on Dubai Financial Market on July 5
It said both retail and institutional tranches of the IPO were oversubscribed, with total demand reaching up to over AED 35 billion