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- Oman gold buyers face record prices ahead of Indian festive season
- talabat partners with AAW to offer Intersport products via its platform
- Kuwait and Turkey seek to unlock shared potential of bilateral ties
- Fintech Forward 2025 in Bahrain set to welcome UK delegation
- Bahrain Bourse appoints Al Ramz as financial advisor to support enhancement
- LuLu Group launches solar energy initiative at 5 key facilities
- Waldorf Astoria Residences RAK unveils $35.4m Sky Palace
- NBB, Banco BPM deal to strengthen Bahrain-Italy trade
- Aramco Downstream President stresses importance of tech innovation, upskilling
- Tanmiah opens new primary processing plant, automated feed mill
13/03/2018 06:08 AST
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.
The new system enables the DFM to distribute the dividends to investors' bank account or iVESTOR card account without any human intervention.
The DFM has successfully managed the dividend distribution relating to the financial year 2016, distributing a total of Dh13.3 billion to 429,000 investors. This brought up the number of listed companies utilising DFM's dividends distribution service to 35 companies in 2017. The launch of the new system underlines DFM's readiness for the dividend distribution of financial year 2017, expected to commence within the next few weeks.
Gulf News
03/04/2018
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 en
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
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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.00 | -0.30 (-0.08 |
| FAB | 15.66 | 0.16 (1.03 |
| EMIRATESNBD | 24.40 | 0.25 (1.03 |
| ADCB | 14.30 | 0.04 (0.28 |
| ADIB | 22.30 | 0.32 (1.45 |
01/10/2025
In line with its commitment to advancing Kuwait's digital economy and e-commerce sphere and establishing itself as a go-to platform for all delivery needs, talabat, the leading on-demand online order
Kuwait Times
01/10/2025
LuLu Group, the region's leading retailer, has taken a powerful step forward in its ESG journey with the launch of a landmark solar energy initiative across five of its key facilities in Dubai.
Trade Arabia
01/10/2025
National Bank of Bahrain (NBB) has signed a landmark framework agreement with Banco BPM S.p.A., one of Italy's leading joint stock banking institutions, to strengthen bilateral trade and investment b
Trade Arabia
01/10/2025
Mohammed Al Qahtani, Aramco Downstream President, emphasised the importance of technological innovation and workforce upskilling to achieve downstream transformation, contribute to energy security, a
Trade Arabia
01/10/2025
Tanmiah Food Company, one of the Kingdom's leading vertically integrated poultry and food producers, has launched two new facilities in the central region of Saudi Arabia: a state-of-the-art poultry
Trade Arabia
Financial Information Co.
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