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DFM and ADCB turn in earnings
ADCB saw its net income grow by double digits, while DFM’s net income more than doubled
UAE capital markets entered their mature era in 2025
Despite the UAE seeing only three listings in 2025, the rise in follow-ons has signaled a diversification in capital-raising methods
THIS MORNING: Fuel prices slashed for January + Minimum wage hiked for Emiratis
Plus: Major banks begin phasing out OTP texts
Dubai Residential REIT posts solid 9M performance
The REIT’s revenues are up 10% y-o-y
Dubai, Abu Dhabi lead 3Q earnings growth in the GCC
Dubai-listed firms’ net income jumped 29.7% y-o-y, while Abu Dhabi companies posted a 17% increase
Abu Dhabi, Dubai bourses snap two-month losing streak in October
ADX inched up 0.9% while the DFM jumped 3.8% last month
On the 3Q earnings menu today: NMDC Group, Alef Education, DFM
DFM’s market cap is nearing the USD 1 tn mark
Alec’s shares gain 0.7% on debut
The stock earlier touched a high of AED 1.50
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