Stock Market

Wall Street in a “Dilemma”: Tech Giants Save Nasdaq While Industrials Fall into the Oil Price Trap

US indices end Wednesday mixed; Dow Jones drops 280 points on fuel costs; Bets continue on AI to absorb inflationary shocks

2 Min Read
In a week.. AED 13.82 billion in market value gains for UAE local stocks

Dubai, UAE - Local stock market indices were able to close higher…

3 Min Read
Record Losses for Norway’s Sovereign Fund Exceeding $135 Billion in 3 Months

Oslo - The Norwegian Sovereign Wealth Fund, the world's largest, reported massive…

2 Min Read
European stocks fall amid concerns over the Strait of Hormuz and anticipation of corporate earnings results

Europe – European financial markets saw a slight decline in trading today.…

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Latest News

It amounted to 17 billion dirhams. Banks and real estate lead Dubai Financial’s gains in a week

Dubai Financial's market capitalization rose to about AED 1.047 trillion by the end of the week's session

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In 5 sessions.. Dubai Financial earns AED 15.6 billion

The UAE real estate sector maintains an upward trajectory supported by a strong increase in demand for residential and commercial…

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Borouge’s shareholders approve dividends for the first half of 2025 

Abu Dhabi, United Arab Emirates - Prog PLC confirmed on Monday that shareholders have approved the distribution of interim dividends…

3 Min Read

160.6 million dirhams in net profits of Ras Al Khaimah Real Estate in the first half

Ras Al Khaimah, United Arab Emirates – Ras Al Khaimah Real Estate Company's revenues amounted to 774.79 million dirhams during…

5 Min Read

“Taqa” records a net income of 3.7 billion dirhams during the first half

Abu Dhabi, United Arab Emirates - Abu Dhabi National Energy Company "Taqa" announced its financial results for the six-month period…

4 Min Read

Dubai.. Local stock trading via the “ENBD X” application exceeds 5 billion dirhams within a year

Dubai, United Arab Emirates – Emirates NBD Bank revealed the latest developments in the initiative to trade local stocks without…

3 Min Read

Dubai Electricity profits reach AED 2.9 billion during the first half

Dubai, United Arab Emirates - Dubai Electricity and Water Authority achieved a growth in its profits by 13.2% during the…

4 Min Read

United Arab Bank raises AED 1.031 billion by issuing priority rights

Sharjah, United Arab Emirates - United Arab Bank, listed on the Abu Dhabi Securities Market, announced its success in raising…

3 Min Read