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Due to the consistent efforts of the DFM BOD members and management team, DFM was able to turn over the situation in 2013 and gain a +608.5% growth in net profits, to become AED 285 million from the AED 35 million in the previous year. and the following year the market have occurred profits of AED 759 million with a growth rate of 166.3%.
The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering 110 ha (272 acres), established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets.
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Liz Claman is the host of FOX Business' "The Claman Countdown." She is an experienced TV journalist, with former anchor roles on "Morning Call," "Wake Up Call," "Market Watch," "Today's Business ...
Rules which regulate the process which companies must follow if they wish to have their securities admitted to trading on the market operated by NASDAQ Dubai. [ 14 ] Rules which regulate the obligations of companies after their securities have been admitted to trading (e.g., continuous disclosure rules) – also covered by the Issuers and ...
The Exchange provides clearing service through the Dubai Commodities Clearing Corporation (DCCC), a 100% owned subsidiary of DGCX. [3] On 6 February 2024, the Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) withdrew the recognition of DCCC as a Tier 1 third-country central counterparty (CCP) over money laundering concerns.
The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC), in Dubai, United Arab Emirates.
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]