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FINANCIAL NEWS
Dubai Financial Market reports USD2.7m profit in Q2
05 Aug 2012
(MENAFN) Dubai Financial Market PJSC (DFM) reported a 31 percent drop in quarterly profits and lower revenue, Bloomberg reported.
The company that runs Dubai bourse said it made USD2.7 million during the second quarter.
Revenue fell by 23 percent to USD13.5 million, while expenses fell 21 percent to USD10.7 million, the company added.
It is worth mentioning that the UAE, the second-biggest Arab economy, has three bourses, Nasdaq Dubai, Dubai Financial Market and Abu Dhabi Securities Exchange.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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