News Centre

DFM Successfully Concludes International Investor Roadshow In London

Date 20/06/2023

• The Roadshow successfully conducted 87 meetings, bringing together a diverse range of over 100 international funds represented by 231 diligent investors.
• International investors are showing increasing interest in bolstering their participation in the capital markets of Dubai.

UAE Securities And Commodities Authority: Financial Markets To Close For Eid Al-Adha Holidays From June 27 To 30

Date 20/06/2023

Under Circular No. 05 of 2023 issued by the Federal Authority for Government Human Resources concerning Eid Al-Adha holidays, and following consultation with the Abu Dhabi Securities Exchange and the Dubai Financial Market, the Securities and Commodities Authority (SCA) announced that financial markets are to close for Eid Al-Adha holidays on Tuesday, Dhul Hijjah 9, (corresponding to June 27) until Friday, Dhul Hijjah 12 (corresponding to June 30). They will reopen on Monday, July 3. It is up to the Dubai Gold and Commodities Exchange to decide when the holiday starts and ends, subject to public interest requirements.

Qatar Stock Exchange Successfully Launches New Electronic Trading System

Date 20/06/2023

As part of its strategic plan aimed at transforming Doha into a leading investment hub in the region, Qatar Stock Exchange (QSE) has made a significant achievement today and launched a new and high-performing trading platform built on the same advanced technology used by many global capital markets.

Borsa İstanbul’s Opening Bell Rang For TEB Portfolio Women First Variable Fund

Date 20/06/2023

Aiming to make the most of the opportunities offered by domestic and foreign capital markets with its innovative asset management approach, TEB Asset Management held an Opening Bell Ceremony at Borsa İstanbul for its women-themed variable fund "TEB Portfolio Women First Variable Fund".

Fintech Diversity Programme Partners With Plato Partnership For Students To Attend MI3 Academic Conference

Date 20/06/2023

• Work in Fintech inspires and guides young people from different social and ethnic backgrounds into a career in fintech and web3
• A small cohort of students will attend the Market Innovator (MI3) Academic Conference paired up with industry mentors
• The partnership aims to help increase diversity in the financial services industry

FIA Tech Enhances Trade Data Network To Support Operational Resiliency

Date 20/06/2023

FIA Tech, a leading futures industry technology provider, has enhanced its Trade Data Network (TDN) to support the operational resiliency needs of clearing firms on the platform.

Nasdaq Dubai Celebrates The Listing Of USD 500 Million Sukuk By Arada

Date 20/06/2023

• The inaugural listing of Arada in the UAE follows the developer’s debut listing on the London Stock Exchange last year.
• With this, Dubai's total Sukuk listings surpass USD 77 billion, reinforcing its position as a leading global Sukuk listing hub.

Opening Remarks Of FIA President And CEO Walt Lukken - FIA International Derivatives Expo, 20 June 2023.

Date 20/06/2023

Welcome to IDX for our 15th year of hosting this amazing conference! It's so wonderful to be back here in London … one of the best, if not the best, cities in the world.  

EEX And Nasdaq Commodities Announce Intention To Transfer Nasdaq’s European Power Business To EEX - EEX To Facilitate Transition To Zonal Futures In Nordic Power Market To Grow Area Price Liquidity

Date 20/06/2023

The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC). No financial details of the deal are disclosed.

BETTER FINANCE Praises The Latest Proposal From The European Commission On Withholding Tax In Europe

Date 20/06/2023

BETTER FINANCE supports the recent proposal put forth by the European Commission, aimed at simplifying the reimbursement of cross-border withholding taxes. Guillaume Prache, the Managing Director of BETTER FINANCE, expresses cautious optimism and states, “This proposal, which was swiftly introduced following a joint study conducted by BETTER FINANCE and DSW - Germany’s leading association for private investors and one of BETTER FINANCE’s member organisations - addresses the concerns highlighted in our research and shows promise in reducing the occurrence of dividend double taxation. We are particularly pleased that the Commission is giving Member States the option to implement relief procedures that prevent double taxation from the beginning."