Dubai Financial Market (DFM) today announced that NBAD Securities, Argaam Securities and Emirates NBD Securities have been accredited to provide Direct Market access (DMA) for global brokers lifting the number of DMA service providers to 9 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).
DMA permits brokerage companies to mandate a global broker to use its DMA access point to place buy and sell orders as some sort of electronic trading via the internet, allowing global brokers to directly trade on the market.
This development underlines the growing interest from international investors towards DFM listed securities.
Dubai Financial Market said on Monday its net profit for the three months to June fell 19 per cent along with revenues.
The only listed bourse in the Middle East said the net profit fell t
A total of Dhs18.4 billion of Q1 profits were reported by 92 companies listed at Abu Dhabi Securities Exchange (ADX), and Dubai Financial Market (DFM), a growth of 13 per cent from Dhs16.2 billion i
The Gulf Today
The Dubai Financial Market Company, (DFM) on Monday announced its financial results for the first quarter of the year ending 31 March 2017, reporting a net profit of AED102.34 million, a 19 per cent
The Gulf Today
Kingdom Holding Company (KHC) chaired by Prince Alwaleed bin Talal, recently announced that it has successfully sold its 90 percent interest in the Four Seasons Resort Langkawi, Malaysia to Leisure V
Oman’s Sohar Aluminium said on Wednesday it gradually restarted production on Friday after an interruption in August, and was working to return to full production as soon as possible. “Sohar Alumi
Banque Saudi Fransi announces that BSF Board Member, Mr. Francois Jean MARION (non executive) has resigned from the Board of Directors on 20/9/2017 for personal reasons.
Mr. MARION resignat
Reference to the announcement of the Saudi Telecommunications Company published on Tadawul website on 13/9/1438 H corresponding to 8/6/2017AD regarding obtaining the notification by the Communication
Emirates NBD, Dubai’s biggest bank by assets, is the most trusted local lender in the UAE and has the most loyal customers, according to a survey by Brand Finance Banking.
Bank clients su