Search Results for: Dubai Financial Market
Dubai Financial Market profit plunges 69 per cent over oil worries
April 27th, 2015
The Dubai Financial Market, the UAE’s biggest stock exchange, said its first quarter profit slid 69 per cent as investor concerns over oil prices dampened trading volumes. The DFM, which makes most of its money on trading commissions, said net ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
Hong Kong and Dubai financial regulators sign Fintech cooperation agreement
August 29th, 2017
The Securities and Futures Commission (SFC) entered into a cooperation agreement with the Dubai Financial Services Authority (DFSA) to establish a framework for mutual assistance to keep abreast of the development and application of financial technology (Fintech) (Note 1). ...
Nasdaq Dubai to launch ‘Market Site’
April 10th, 2017
Venue in DIFC will be centre for thought leadership and television news reporting Market Site will strengthen communication between region’s financial ecosystem and rest of the world Nasdaq Dubai, the region’s international stock exchange, today announced it will create ...
Dubai Financial Services Authority published FinTech consultation paper
March 7th, 2017
The Dubai Financial Services Authority (DFSA) is enhancing its contribution to Dubai’s position as the region’s leading hub for innovation through the publication of a new FinTech consultation paper today. The paper is the third in a series, setting ...
DFSA Signs MoU with European Securities and Markets Authority
February 23rd, 2017
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure ...
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
February 21st, 2017
Borse Dubai will overhaul trading and post-trade technology of Dubai Financial Market, paving the way for various market enhancements including CCP clearing Nasdaq, Inc. (Nasdaq:NDAQ) and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai’s stock ...
Gold Standard Approved for Islamic Finance, Opening New Market
December 6th, 2016
Standard is ‘ground-breaking initiative’: World Gold Council SPDR Gold Trust, biggest ETF backed by gold, may qualify Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry ...
International law firm to launch a practice in Dubai
May 4th, 2016
Withers continues its international expansion with a deal to launch a practice in Dubai with the hire of EY’s Middle East and North Africa (MENA) private client chief Stijn Janssen. The office will be located in the Dubai International ...
Saudi $10 Billion Financial District Is Missing One Thing: Banks
April 20th, 2016
Saudi Arabia’s $10 billion financial hub in Riyadh will have gleaming towers connected by sky bridges, cutting-edge climate technology and a monorail that can circle the whole area in 11 minutes. What it doesn’t have yet are banks. Not ...
