Dubai, UAE – During the first seven months of this year, the Dubai Financial Market witnessed the execution of 107 large direct deals. With a value exceeding 6.26 billion dirhams, on shares of 15 listed companies.
The list of companies on whose shares large direct deals were executed included: Etihad Energy Holding and Amanat Holding. BHM Capital Financial Services, Alik Holding, and Al-Etihad Real Estate.
The list also included “Al Ramz Corporation for Investment and Development”, “Dubai Investment”, “Dubai Commercial Bank”, and “Al Saqr National Insurance”. And “Teleem Holding”. Mashreq Bank, Unikai Food, United Food, GFH Bank, and Shuaa Capital.
These deals were executed for about 1.73 billion shares. Etihad Energy Holding accounted for the largest share, with 48 deals on 796.92 million shares, worth 1.979 billion dirhams.
11 big direct deals
16 large direct deals were executed on 503.78 million shares of Amanat Holding Company, worth AED 607.01 million. Meanwhile, 11 large direct transactions were executed on 124.59 million shares of GFH Bank. Worth 271.26 million dirhams.
The market witnessed the implementation of eight large direct deals on 9.25 million shares of Mashreq Bank, with a value of about 2.925 billion dirhams. Six major direct deals were executed on 14.97 million shares of BHM Capital Financial Services, worth AED 15.02 million.
Six large direct deals were also carried out on 112.89 million shares of Al-Etihad Real Estate Company, worth 82.01 million dirhams. In addition to executing three large direct deals on 18.96 million shares of ALEC Holding Company, worth 26.17 million dirhams.
Two large direct deals were also carried out on 14.3 million shares of Dubai Investment Company. Worth 56.79 million dirhams.
The Dubai Financial Market also witnessed the implementation of a large direct deal on 1.53 million shares of Dubai Commercial Bank, worth 14.3 million dirhams. A large direct deal was also implemented on 11.69 million shares of “Al Ramz Corporation for Investment and Development” worth 18.71 million dirhams.
Deals on millions of shares
The list of large direct deals also included a deal worth AED 142.28 million on 35.84 million shares of “Taalim Holding Company”. A large direct deal was also implemented on 7.2 million shares of Al Saqr National Insurance Company, worth 1.8 million dirhams.
Moreover, the market witnessed the implementation of a large direct deal on 2.81 million shares of United Food Company, worth 32.03 million dirhams. Another deal was for 11.29 million shares of Unikai Food Company, worth about 74.5 million dirhams. In addition to a large direct deal on 60.33 million shares of Shuaa Capital Company, worth 13.27 million dirhams.
