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Top Dubai FM News

Emaar Misr Builds On Marassi's Resort Project

Emaar Misr for Development S.A.E, the wholly-owned subsidiary of Emaar Properties PJSC, continues to energise one of the best beach destinations on the North Coast with its Marassi resort project in Sidi Abdel Rahman Bay. Press Release - 07Aug 09:23GMT
Real estate worries spark decline on Dubai bourse

The Dubai bourse fell for the third session running after just two of its 10 largest stocks advanced amid worries over the emirate's real estate sector. Emirates Business 24/7 - 07Aug 07:23GMT
Decline in banking stocks affects Abu Dhabi market

A savage slump in banking stocks sent the Abu Dhabi bourse to its lowest close for almost four months. Emirates Business 24/7 - 07Aug 07:22GMT
Selling pressure intensifies at Dubai bourse

Selling pressure is intensifying on the DFM as domestic and global worries convince investors to cash in their positions. Emirates Business 24/7 - 07Aug 07:17GMT
Tamweel PJSC issues the guidance to investors and shareholders for its expectations for H2 2008

According to Wasim Saifi, Group Chief Executive Officer of Tamweel "The first half of the year 2008, has witnessed an increase by 68% in financing assets, growing phenomenally over the past few years. Press Release - 06Aug 13:32GMT

Public Offering Frenzy
The Middle East IPO market is projected to grow at a rate of 20 to 30% per annum in the next few years, says Millennium COO.
Foreigners Fleeing?
Foreign investments have been flowing out of Gulf stock markets in spite of robust earnings growth at the end of the first half of this year.

Holding Up
As long as the slide in oil prices is limited to one from unjustifiable levels to merely high ones, Gulf markets should be able to hold up.
DFM Deserted?
Speculators and foreign funds have deserted the Dubai Financial Market, with few willing to take new positions until a clear trend emerges.

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Last Value 07Aug 10:04GMT	5,250.31
Change	29.18 ( 0.55%)
Previous Close	5,279.49
Open	5,279.49
Day High - Low	5,306.02 - 5,207.74
Year High - Low	6,291.87 - 3,968.09
YTD Change	11.49%
» More Indices \| Charting \| Exchange Info
Total Market Cap USD	102,066,167,587
Volume	217,330,921
Value Traded USD	284,868,738
Transactions	7,393
Traded / Listed Stocks	32 / 62
Stocks Movement 11 Up - 16 Down - 5 Unchanged

07Aug08 10:04GMT

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