Market Update: Key Developments in the UAE Stock Market 1. Weekly Performance Recap:The Abu Dhabi Securities Exchange (ADX) experienced a slight decline of 0.4% last week, as investors exercised caution amidst heightened regional tension. However, some stocks, including Burjeel, Palm Sports, CBI, Sharjah Cement, and ESG, demonstrated strong performance. 2. Financial Highlights: 3. Market Movements…
PRESS RELEASE : 28 Sep 2022 Abu Dhabi Securities Exchange (ADX) and Muscat Securities Market (MSX) Strengthen Partnership In a significant move towards fostering closer ties and exchanging experiences, the Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) have signed a memorandum of understanding (MOU). The MOU, signed during the visit of…
Based on Press Release : BY EMIRATESNBD ON OCT 26, 2023 09:13:02 AM Emirates NBD Reports Record Profit and Strong Business Performance in 2023 Emirates NBD, a leading banking institution in the UAE, has achieved remarkable financial results in the first nine months of 2023, with its profit surging by an impressive 92% to AED 17.5…
Based on PRESS RELEASE: BY SALAM_BAH ON OCT 26, 2023 09:11:01 AM Al Salam Bank Introduces Innovative MSME Solutions in Partnership with Leading Service Providers In a move to provide innovative and client-centric financial solutions while upholding Environmental, Social, and Governance (ESG) goals, Al Salam Bank has announced strategic partnerships with leading service providers to…
Unlocking Success: Sukoon Insurance’s Guarantee Elevates ASCANA’s Rating In the dynamic landscape of insurance, trust and reliability are paramount. Companies strive not only to meet but exceed expectations, ensuring that their clients feel secure and supported. Such is the case with Sukoon Insurance, formerly known as Oman Insurance Company, and its subsidiary, Arabian Scandinavian Insurance…