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- Saudi leadership approves over SR3bn of Ramadan aid disbursement
- FSA warns against unlicensed online platforms
- Saudi Arabia unveils Architecture Characters Map to generate 34,000 jobs
- New Dubai free zone rule clears way for 'more' business activities on Mainland
- Qatar set to drive Mideast LNG exports; 27% region's share of global supply by 2050: GECF
- QSE settles 18 points lower despite 64% stocks end higher
- Barwa focuses on increasing revenues and rationalising expenditures in 2025
- National Bonds' investment portfolio surges to AED15.8 billion with 22% growth in 2024
- Air Arabia shareholders approve 25% dividend distribution
- Emaar Properties upgraded to 'BBB+' on strong business performance; outlook stable
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 | 401.60 | 0.10 (0.02 |
| FAB | 14.26 | 0.16 (1.13 |
| EMIRATESNBD | 20.35 | 0.15 (0.74 |
| ADCB | 10.60 | 0.12 (1.14 |
| EIB | 11.95 | 0.00 (0.00 |
18/03/2025
Barwa has outlined a 2025 strategic plan, which will help increasing revenues - including commencing development of the Madinatna Schools project and the first phase of the Barwa Hills project - and
Gulf Times
18/03/2025
Air Arabia shareholders have approved the distribution of 25 per cent cash dividend for the financial year ending December 31, 2024 at the company's annual general meeting (AGM). The dividend, which
Khaleej Times
18/03/2025
S&P Global on Monday raised the ratings of Emaar Properties, Dubai's largest listed developer, to 'BBB+', with a stable outlook.
"The upgrade reflects the significant growth Emaar experience
Khaleej Times
18/03/2025
stc group, Saudi Arabia's leading digital enabler, has been ranked as the third strongest telecommunications brand globally in the 2024 Brand Finance Telecom 150 Report.
Developed by Brand F
Saudi Gazette
17/03/2025
Dr. Soliman Fakeeh Hospital in Jeddah continues to strengthen its leadership position in the healthcare sector in Saudi Arabia by achieving a 5-star rating in the "Global Hospital Rating" by Newsweek
Saudi Gazette
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia