How Dubai's Marka missed its mark
Retail business raised 500 million dirhams from investors, but spent heavily to buy assets as the market turned
ZAWYA - 07 Jul 2019No stock data available at this time
ID | Stock Type | Currency | Exchange | Symbol |
---|---|---|---|---|
MARKA.DFM | Ordinary | AED | Dubai FM | MARK |
Retail business raised 500 million dirhams from investors, but spent heavily to buy assets as the market turned
ZAWYA - 07 Jul 2019UAE’s Securities and Commodities Authority stated that it would examine the proposal both finally and legally as well as its impact on shareholders.
Mubasher - 07 Oct 2018Marka last reported AED 19.98 million in losses in the first six months of 2018
Mubasher - 03 Oct 2018Shares will be cancelled on a pro rata basis to cancel the accumulated losses.
Khaleej Times - 16 Apr 2018Saudi's Advanced Petrochemical rebounds despite Q1 loss
Reuters News - 15 Apr 2018Here is how The Pointe is preparing for the exclusive ticket holder celebration - from health and safety measures to where to park, how to catch a free shuttle bus to the big show and entertainment for the evening
Press Release - 18 Oct 2020Results aligned with Marka's corporate restructuring programme
Press Release - 26 Mar 2018Benoit Lamonerie new Chief Executive Officer.
Press Release - 31 May 2017The event saw Nick detailing Marka's eclectic acquisition and franchise portfolio as well as explain the
Press Release - 01 May 2016Dubai, UAE (23 March, 2016) Marka PJSC (DFM: MARKA), the first public joint stock retail operator in the UAE, announced today its expansion beyond the UAE in a move that will see the company launch Morelli's Gelato ice cream, fashion brands City Chic and Weill, and jewelry house dinh van at Mall of Qatar during the third quarter of 2016.
Press Release - 23 Mar 2016The dramatic jumps in stock price of companies including GameStop, BlackBerry Ltd and AMC Corp drew more calls for regulatory scrutiny and action from commentators
Reuters News - 2 hours agoA timeline for an initial public offering will be provided this year, Tadawul CEO Khalid Alhussan told Reuters
Reuters News - 2 hours agoEarnings for very large crude carriers (VLCCs) in 2020 reached record highs
Reuters News - 2 hours agoCryptocurrencies have attracted renewed scrutiny and interest as institutional investors have piled into digital assets
Reuters News - 2 hours agoDubai benchmark register first weekly loss in four
Reuters News - 3 hours agoRefinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Concern about equity short-squeeze unsettles traders
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