Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

Dubai Financial Market announces new trading hours from 3 Jan 2022

Dubai General Index slid to 3,382.31 points with blue-chip developer Emaar closing at $1.6.
  • The new trading session of five hours will be between 10 AM and 3 PM from Monday to Friday.
  • The new trading hours have been set in coordination with local and international market participants, DFM said.

Dubai Financial Market (DFM) has announced new trading hours from 3 January 2022.
The new trading session of five hours will be between 10 AM and 3 PM from Monday to Friday. The new trading window aligns with local and international financial institutions.
The new trading hours will contribute to DFM’s recent momentum by expanding the presence of international participants on DFM as they contribute 50 percent of the market’s trading activities and represent one-third of the investor base, local media reports said.
The new trading hours have been set in coordination with local and international market participants, including investors, brokerage firms and financial institutions.
Founded on 26 March 2000, the Dubai Financial Market is a stock exchange located in Dubai, the United Arab Emirates.
Currently, there are 178 listings on the DFM.