Browsing: Stock Market

In its inaugural full-year financial report post-IPO on the Dubai Financial Market (DFM), Dubai Taxi Company (DTC) declared an 11 percent surge in revenue to AED 1.95B ($530M) for the fiscal year 2023.

Dubai’s largest parking provider, Parkin Company PJSC, has revealed its plan to list on the Dubai Financial Market (DFM), marking a significant move for the company.

Tokyo stocks experienced an uptick as the yen weakened, and positive earnings results propelled major companies’ shares, causing the Nikkei index to surpass the 37,000-point mark for the first time in 34 years.

Saudi Stock Index (TASI) concluded January 2024 at 11,796.63 points, with the total value of traded shares reaching approximately SR 195.94B ($52.2B) through 11.87 million transactions, as reported in the monthly statistical release by the Saudi Tadawul.

Tokyo shares continued to advance during early afternoon trading on Thursday, with the key Nikkei index surging more than 2 percent.

Japanese retail investors are reportedly channeling funds into Indian stocks, anticipating that the South Asian…

IPOs in the Gulf experienced a 55% decline last year, as indicated by data from Kuwait Financial Centre “Markaz.”

Dubai’s latest public joint stock company, Parkin, has officially appointed a CEO, as announced in a statement on Tuesday.

Micropolis, a Dubai-based autonomous mobile robot manufacturer, plans to construct a new production plant and triple its workforce through funding from an upcoming New York IPO.

As of January 2024, the combined market capitalisation of the top 16 national companies listed on local exchanges reached AED 2.7T.