UAE – 11.75 billion dirhams, the Central Bank’s possession of gold,…

(MENAFN– Al-Bayan) The balance of the Central Bank of gold bullion rose to 11.754 billion dirhams at the end of last November, an increase on an annual basis, by 9.8%, or 1.05 billion dirhams, compared to 10,702 billion dirhams in November 2020. The statistical bulletin issued by the Central Bank yesterday showed that the balance … Read more

10 companies own 88.2% of the Dubai market index

(MENAFN– Al-Bayan) The semi-annual review of the weights of the companies listed in the Dubai Financial Market Index showed that 10 listed companies accounted for 88.2% of the weight of the index, while the weight of the largest 20 companies in the index reached about 98.69%. Three companies came at the top of the list … Read more