Tag Archives: DFM

Dubai Financial Market (DFM) today announced it has signed a Memorandum of Understanding (MoU) with Sharjah Investment and Development Authority (Shurooq), creating the necessary foundation for an extensive cooperation between the two sides. The agreement aims at streamlining private and family businesses’ access to DFM’s innovative services and realizing the numerous benefit of going public and listing on DFM. His ...

Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced record AED 173 million (US$ 47m) net profit for the second quarter of 2014, an increase of 128 percent on last year’s second quarter net profit of AED 76 million (US$21m). Air Arabia’s second quarter turnover reached AED 915 million (US$ 249m), an increase ...