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- Saudi bank lending hits record $788bn as corporate loans surge
- Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions
- ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination
- Saudi crown prince launches 'King Salman Automotive Cluster' at KAEC
- Saudi Arabian Shares Drop Most in 10 Months After Oil Tumbles
- Sipchem inks $373m loan deal for key project
- Yen Gains on Slowing U.S. Growth Amid Europe Crisis Safety Bets
- Canada Dollar Drops for Fifth Week as Jobs Data Adds to Gloom
- Ringgit seen remaining weak
- Gulf Bank's Alsamerai named 'HR Professional of the Year'
03/04/2018 08:10 AST
The Dubai Financial Market (DFM) said on Monday that EFG Hermes Brokerage has become the first member to provide the Allocation Account Service to its client base.
The allocation account enables brokerage firms to use a combined account with the clearinghouse in order to execute buy and sell transactions of securities on behalf of their clients, provided that such transactions shall be allocated to the clients' accounts during the allocation period within 45 minutes from the end of the trading session, the bourse said in a statement.
The DFM launched the new service to reinforce its business framework for the benefit of various participants including; issuers, investors and brokerage firms, the statement added.
Gulf News
29/03/2018
The shareholders of Dubai Financial Market Company (PJSC) have approved the Balance Sheet and Income Statement for the financial year ending 31 December 2017, during the Annual General Meeting held o
Press Release
13/03/2018
The Dubai Financial Market (DFM) said it has launched an innovative Dividend Distribution System (DDS) as part of its strategy to provide market participants with smart and efficient solutions.
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Gulf News
01/02/2018
Dubai Financial Market company said its net profit for 2017 fell 8 per cent along with total revenues, even as the board proposed a cash dividend of 5 per cent.
Net profit for the 12 month
Gulf News
| Ticker | Price | Volume |
|---|---|---|
| RIBL | 29.20 | 3,343,315 |
| SAUDIELECTRICITY | 17.32 | 1,083,445 |
| AMERICANA | 2.56 | 18,826,984 |
| MUTAKAMELA | 18.72 | 338,228 |
| FUTUREKID | 111.00 | 1,345,644 |
| ALRAJHITAKAFUL | 173.40 | 64,793 |
| JAZADCO | 13.34 | 159,758 |
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.50 | 0.00 (0.00 |
| FAB | 14.48 | -0.06 (-0.42 |
| EMIRATESNBD | 20.80 | 0.15 (0.72 |
| ADCB | 11.86 | 0.16 (1.36 |
| ADIB | 16.12 | 0.06 (0.37 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
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