BLOOMBERG Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.42% to close at 4491.06 points. Accordingly the Market Capitalization has lost AED 3.04 billion attaining AED 728.51 billion. A total of 0.83 Billion Shares were traded with a total value of AED 1.13 billion during the trading session of 13-03-2016 through 9679 transactions. The number of companies which ...

ALKESH SHARMA / EMIRATES BUSINESS United Arab Emirates (UAE) is globally famous for its unbound luxury and inestimable hunger for excellence. Gauging the immense tourism potential in the Emirates’ market, many overseas companies have set up their base here in a bid to satiate the upscale demands of this region. One such leading name is ‘Magnificent’, a Greece-based ultra-luxury concierge ...