Posts Tagged ‘dubai’

Dubai’s First Forex World Congress (FWC) Announced; Be there

by Forex Rooton August 26, 2014 12:38 pm BST
25 August 2014 (Dubai) – A&C Events announce the first Forex World Congress (FWC) for online traders, investors and brokers, which will be held in Dusit Thani Hotel Dubai, on 4-5 December 2014. More than 2000 financial executives and specialists are expected to attend the event. The Forex World Congress will help attendees to discover […]

Gains in Emaar Boost Dubai’s Stocks

by Forex Rooton July 27, 2014 9:51 am BST
Emaar shares rose to 9.70 dirhams, set for the biggest advance in a week. DIB gained to 7.29 dirhams. Shares in Dubai ended a three-day losing streak, led by gains in Emaar (EMAAR) Properties PJSC amid bets the developer’s second quarter earnings will exceed investor expectations. Dubai-based property and construction companies are benefiting from a […]

Dubai index suffers biggest daily loss; Arabtec hurts investors’ sentiment

by Forex Rooton June 25, 2014 8:11 am BST
Dubai index plunges most since August 2013 while Abu Dhabi suffers biggest drop since January 2011 as fall in Arabtec shares triggered a chain of margin calls that forced a broad sell-off. Arabtec Holding Co. (ARTC)’s ambition to become one of the world’s largest construction companies is in doubt after managers behind the plans were […]

Dubai Holding will prepay $319.3m loan 19 months early

by Forex Rooton April 24, 2014 10:05 am BST
Dubai Holding Commercial Operations Group (DHCOG) on Wednesday announced that on May 13, it will voluntarily prepay the entire outstanding principal of $319.3 million (Dh1.17 billion) along with accrued interest, of the amortising $555 million facility originally maturing on December 31, 2015. The prepayment of this secured facility will be made from DHCOG’s available funds. […]