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Topic

Dubai index

Dubai stocks eases on profit-taking

Dubai stocks eases on profit-taking

Published 22 Feb, 2025 06:31am
DUBAI: Dubai index fell on Friday, as investors continued to encash on the profits gained in previous sessions,...
UAE markets gain on rate cut bets

UAE markets gain on rate cut bets

Published 30 Dec, 2023 06:28am
DUBAI: UAE stock markets closed higher on the last trading day of 2023, with the Dubai index rising for a third year...
Most Gulf shares rise

Most Gulf shares rise

Published 08 Dec, 2021 06:22am
DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as worries about the impact of the Omicron ...
Dubai drags major Gulf markets lower

Dubai drags major Gulf markets lower

Published 06 Jul, 2021 07:13pm
  • Dubai's main share index fell 0.7%, weighed down by a 1.1% drop in Emirates NBD Bank and a 1% decline in sharia-compliant lender Dubai Islamic Bank.
  • "The Saudi announcement will likely negatively affect companies in the Emirates in the short-term," said Daniel Takieddine, market analyst at FXPrimus.
Dubai says $500mn bond repayment reflects fiscal stability

Dubai says $500mn bond repayment reflects fiscal stability

Published 22 Jun, 2021 07:20pm
  • The Government of Dubai's ability to fulfil its financial obligations reflects its deep fiscal stability amidst the circumstances imposed by the current global crisis.
  • The $500 million notes, which were issued in 2011, have been redeemed in full, said the government.
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