Nasdaq Dubai today launched futures trading on the shares of 12 leading Saudi Arabian companies, in a significant step forward for the region’s capital markets

The Dubai Financial Market, DFM, has organised a roundtable about the listing opportunity on its "Second Market" Platform, in cooperation with the Dubai Chamber of Commerce and Industry and the Dubai Entrepreneurs Council.

Eleven listed Emirati insurance companies posted AED805 million in combined profit during the first nine months of 2018, a growth of 18.5 percent from AED681 million during the corresponding period in 2017.

UAE bourses kept their upward move for the second day running, ending Tuesday's session in the green, and posting gains to the tune of AED5 bn, driven by upbeat sentiments across the banking and realty sectors where a select of blue chips were in a high demand.

Dubai Financial Market Company today announced its financial results for the first nine months of the year ending 30th September 2018, registering a net profit of AED103.7 million, a 40 percent decrease from AED173.3 million in the same period of 2017.

Eleven Emirati banks posted net profits of AED22.7 billion by the end of September 2018, a growth of 11.3 percent from AED20.4 bn during the corresponding period in 2017.

Smart Dubai’s pavilion at the GITEX Technology Week 2018 – held at the Dubai World Trade Centre from October 14-18 – is set to host 59 Government entities and private companies in Dubai, exhibiting their latest smart services to the public.