News Centre

Dubai Financial Market: Announces The Resolutions Of Its AGM Held On 15/04/2012

Date 16/04/2012

Click here to download the resolutions of the DFM's AGM held yesterday.

Abdulaziz Al Ghurair Appointed As Chairman Of DIFC Authority's Board Of Directors

Date 15/04/2012

Dubai International Financial Centre (DIFC), the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas, announced today that His Excellency Abdul Aziz Al Ghurair has been appointed as Chairman of DIFC Authority Board of Directors by a decision issued by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC.

NASDAQ Dubai Monthly Trading Report: March 2012

Date 15/04/2012

The value of equities traded on NASDAQ Dubai in March 2012 reached 41 million dollars. This was an increase of 8% from 37.9 million dollars in February 2012 and a decrease of 51% from 83.4 million dollars in March 2011.

Statement By IMF Managing Director Christine Lagarde On The People’s Bank Of China Exchange Rate Action

Date 14/04/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in reaction to the People’s Bank of China announcement on April 13 that the renminbi’s trading band against the U.S. dollar in the inter-bank foreign exchange market would be widened to 1.0 percent from 0.5 percent:

"I would like to welcome this important step by the People's Bank of China to increase the flexibility of their currency. This underlines China's commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate."

NASDAQ OMX Announces Index Changes

Date 14/04/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced changes to a number of its indexes. After substantial research and consideration, NASDAQ OMX^® decided to enact changes in its special dividend policy across all indexes calculated in the U.S. (including NASDAQ^®-, NASDAQ OMX^®- and PHLX^®-branded indexes), the seasoning criteria of certain indexes, and the evaluation schedule for the family of NASDAQ OMX Green Economy Indexes.

The Egyptian Exchange (EGX) Opens Its New Premises

Date 14/04/2012

The Egyptian Exchange (EGX) has opened its new administrative headquarter in Smart Village, a business zone on the western edge of Cairo.

Texas Instruments Incorporated To Join The NASDAQ-100 Index Beginning April 23, 2012

Date 14/04/2012

Texas Instruments Incorporated (Nasdaq:TXN) will become a component of the NASDAQ-100 Index^® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Monday, April 23, 2012. Texas Instruments Incorporated will replace First Solar, Inc. (Nasdaq:FSLR).

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 13/04/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

• The shares of Goldbrook Ventures Inc. (TSXVN:GBK) will be removed from the S&P/TSX Venture Composite Index after the close of Friday, April 13, 2012. The shares of the company have been acquired by Jilin Jien Nickel Industry Co., Ltd. (Shanghai:600432).

BATS 1000 Index Down 1.9% On Week

Date 13/04/2012

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) declined 296.07 points, or 1.9%, this week to close at 15,483.30 as of 4 p.m. ET today. 

Standard & Poor's Announces Quarterly Review Of S&P/TSX Preferred Share Index And The S&P/TSX Venture Select Index

Date 13/04/2012

Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews.