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Dubai Investments makes a nice profit

Written on 27 Jan, 2010 at 17:43 in Business | viewed 116 times | 1 Comment

The biggest investment company on the Dubai Financial Market, Dubai Investments PJSC, announced a net profit of AED 963 Million as the preliminary results for last year 2009. Dubai Investments reported a consolidated total income of Dhs3.67 Billion for the... (Continue reading)

Tagged with: DFM    dubai financial market    dubai investments pjsc

Did Dubai World kill Dubai’s Dream?

Written on 27 Nov, 2009 at 22:56 in Business, Featured | viewed 893 times | 3 Comments
Did Dubai World kill Dubai's Dream?

Dubai has made it into the international news again. This time it’s all about one of Dubai’s biggest companies – DUBAI WORLD. The news read like: Indian stock markets joined the tumble in bourses around the world on Friday after Dubai... (Continue reading)

Tagged with: Burj Khalifa    DFM    dubai financial market    dubai world    financial crisis

Selling Spree On Dubai’s Stock Markets

Written on 18 Aug, 2009 at 8:36 in Society | viewed 153 times | 0 Comments

 Jittery investors went on a selling spree on the UAE markets on Monday, as both the Dubai Financial Market (DFM) general index and the Abu Dhabi Securities Exchange (ADX) index falling considerably. In Dubai, real estate stocks led the slide, as... (Continue reading)

Tagged with: adx    Deyaar    DFM    Dubai    dubai financial market    Emaar    investment    Markets    profits    Properties    Real Estate    Stock    stock markets    UAE    Union Properties

Drake & Scull International Listing On 16th Of March

Written on 8 Mar, 2009 at 21:52 in Business | viewed 168 times | 0 Comments

Contractor Drake & Scull International will list its shares in Dubai on March 16 in a delayed move following its initial public offering (IPO) in July last year, the company said. Drake, which specialises in mechanical, engineering and plumbing businesses, raised... (Continue reading)

Tagged with: Africa    DFM    Dubai    dubai financial market    dubai financial market dfm    initial public offering    initial public offering ipo    Mena    plumbing businesses    UAE

Dubai Financial Market IPO Starts

Written on 11 Nov, 2006 at 23:55 in Other News | viewed 41 times | 0 Comments

Dubai Financial Market (DFM) said that its landmark initial public offering (IPO) is open for subscription as of today, UAE news agency WAM has reported. Dubai Government, the founder and main shareholder of DFM, intends to offer dhs1.6 billion (US$... (Continue reading)

Tagged with: DFM    Dubai    dubai financial market    government    initial public offering    UAE

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