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ABU DHABI SECURITIES EXCHANGE (ADX)

ABU DHABI SECURITIES EXCHANGE (ADX)

UAE's listed companies to get new rules on 'goodwill'

UAE Securities & Commodities Authority approves new framework for intangible asset

2m read

The new UAE regulatory framework on goodwill apply to all publicly listed companies.

Lulu opens another mega-hypermarket in Saudi Arabia

At Dh5.5b, Saudi Arabia now makes up 20% of retail giant's revenues

Lulu has opened its latest mega-store in Saudi Arabia, now making up 20% of the retailer's revenues.

Did UAE, Saudi investors shrug off US tariff deadline?

DFM, ADX are off slightly, while Asian markets are in the green

The DFM's been having a few solid days, and some profit booking was visible on Tuesday.

Abu Dhabi taxi company sells stake to Emirates Driving

Emirates Driving Co. also has option to raise stake to 50.6% in Mwasalat

The Emirates Driving Company and Mwasalat combine wil look for significant operational synergies in fleet and taxi operations.

UAE in new $1m prize after those for teachers, nurses

Energy companies with best practices for employee health and well-being eligible for award

New $1 million award from Burjeel-response Plus open to all energy companies anywhere in the world.

UAE's district cooling market sees Dh3.8b deal

PAL Cooling is part of ADX-listed Multiply Group

Abu Dhabi's al Reem Island is a high-rise cluster, and Pal Holding has a long-term concession to operate district cooling services.

DFM breaks record as investors take to 'relief rally'

Across Gulf stock markets, investors cheer ceasefire deal between Israel-Iran

The DFM has gone past an earlier high that was set as recently as in May last.

Burjeel Holdings to save Dh343m after new land deal

ADX-listed Burjeel makes a smart move to exit lease deal with land purchase

The land on which Medeor Hospital Dubai stands is now owned outright by Burjeel.

UAE stock markets trending green in tough week

Investors scouting for 'defensive' stock picks amidst heighted regional tensions

Clear trends are emerging around real estate stocks on DFM, while on ADX, IHC and Aldar are making headway.

UAE stocks push into positive territory in tough week

Union Properties, Emaar stocks lead the way on DFM

It's been a difficult seven days for global markets, with the Israel-Iran crisis being the latest conundrum investors need to deal with. But DFM and ADX are making headway today.

e&'s stake in UK telecom giant rises after buyback

e& has been one of the major shareholders in Vodafone since May 2022

Since 201, the UAE telecom-tech group e& had been expanding its reach, operationally and via investments, in overseas markets.

UAE, Saudi stocks back in from after Friday wobbles

On ADX, ADNOC entities also move higher on oil's gains

On DFM and ADX, the big names returned to form, with real estate and banking stocks making up for losses sustained late last week.

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