Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai Financial Market profit soars in Q1  Join our daily free Newsletter

MENAFN - 24/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN) Dubai Financial Market (DFM) announced a better-than-expected net profit increase in the January-March period of this year, Arabian Business reported.

The Gulf's only listed bourse said that its net profit hit USD58.6 million in the quarter, increasing from USD7.3 million in the same period a year ago.

The trading activity in Dubai gained strongly in as the equity market in the emirate recovered from the global financial crisis. DFM's main source of income is trading commissions.

DFM said that the value of traded securities soared 429 percent in the three-month period to nearly USD30 billion. The exchange's revenue surged 289 percent to USD69.5 million, while operating expenses increase to USD11 million.

 


MENAFN




  MENA News Headlines
 Apr 1 2015 - UAE's TAQA records USD820m net loss in 2014MENAFN
(MENAFN) Abu Dhabi National Energy Co (TAQA) registered USD820 million losses for 2014, against a similar USD685.94 million in 2014 due to falling oil prices, Arabian Business reported.The ...

 Apr 1 2015 - UAE's The Luxury Closet obtains USD2.2m fundMENAFN
(MENAFN) Dubai-based The Luxury Closet, launched in 2011, reported the securing of USD2.2 million finances from its local venture capital investors, Arabian Business reported.The online platform, ...

 Apr 1 2015 - UAE economy forecasts USD400b food imports in 10 yearsMENAFN
(MENAFN) The UAE government expects that the food industry imports will increase to USD400 billion in ten years' time, marking a jump from 2014's USD100 billion, according to the UAE Minister of ...

 Apr 1 2015 - Canada's parliament votes to extend, expand anti-Daesh air strikes in SyriaJordan News Agency
(MENAFN - Jordan News Agency) Canada's parliament Monday has voted to extend air strikes against Daesh in Syria, in coordination with the United States.Federal MPs voted 142-129 in favor of a motion ...

 Apr 1 2015 - China completes evacuation of its nationals from YemenJordan News Agency
(MENAFN - Jordan News Agency) China completed on Tuesday the evacuation of its nationals from Yemen, with more than 570 people safely transported across the Red Sea to Djibouti to be flown ...

 Apr 1 2015 - Palestinian students suffocate by Israeli tear gasJordan News Agency
(MENAFN - Jordan News Agency) A number of Palestinian students Tuesday suffocated by tear gas fired by Israeli soldiers near Bethlehem.Member of Tekoa's village municipality, Zuhair Al-Shaer, told ...

 Apr 1 2015 - Israel demolishes room, fences in Wadi Al-Joz in JerusalemJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Tuesday bulldozed an area where Muslims perform their wudu (ablution) and a room in the Wadi Al-Joz neighborhood, north of occupied ...

 Apr 1 2015 - Floating storage and regasification unit arrives in Aqaba on May 25: ministerJordan News Agency
(MENAFN - Jordan News Agency) The floating storage and regasification unit (FSRU), which was leased for the liquefied natural gas terminal in Aqaba Port, will arrive in Aqaba on May 25, Minister of ...

 Apr 1 2015 - Treasury receives $57 million final payment of US grantJordan News Agency
(MENAFN - Jordan News Agency) The United States Agency for International Development (USAID) transferred to the Treasury account the second installment, its final payment, amounting to $57 million ...

 Apr 1 2015 - Third International Humanitarian Pledging Conference for Syria starts in KuwaitJordan News Agency
(MENAFN - Jordan News Agency) The Third International Humanitarian Pledging Conference for Syria opened in Kuwait on Tuesday with the participation of delegations from 78 countries and 40 ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help