NASDAQ Dubai welcomes listing of one billion dollar Emirates NBD bond

NASDAQ Dubai, the Middle East’s international financial exchange, welcomed the listing of a one billion US Dollar conventional Tier 1 bond issued by Emirates NBD, one of the region’s leading banking groups.

The bond is the second to be listed by Emirates NBD on the exchange this year, following a 750 million US Dollar listing by the bank in March. It brings the total value of conventional bonds on NASDAQ Dubai to 5.75 billion dollars, supporting its rapid growth as a leading listing venue for fixed income securities.

 

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DFM provides market participants and employees with an "Open and Constant Platform" from HH Sheikh Mohammed Bin Rashid

Dubai Financial Market (DFM) has started publishing excerpts from “Flashes of Thought”, the latest intellectual contributions of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai...

Various flashes of thought are daily disseminated to employees, investors and market participants on the screen boards of DFM trading floor, the HR portal, and by e-mail. This initiative was widely welcomed by market participants and employees.

 

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Products & Services Highlight

eServices – instant access to your portfolio information

Directors Desk

As part of our commitment to providing investors with the latest in digitally advanced services, Dubai Financial Market (DFM) and NASDAQ Dubai provide a wide range of online "eServices" to meet the evolving needs of their investors, by simply registering at www.dfm.ae

Using a single LOGIN, investors can instantly access the following eServices:

  • Real Time Data on DFM and NASDAQ Dubai listed securities
  • eStockPortfolio to track your stockportfolio and transactions instantly online with 24/7 access. View various types of statements with up to date information
  • iVESTOR Card online statements

Contact:

DFM Customer Services
Clearing, Settlement & Depository
T: +971 4 305 5555
F: +971 4 305 5191
Email: customerservice@dfm.ae

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Sector Insight: Transportation

Hussein Hachem
Hussein Hachem
CEO
Aramex

In a global economy beset with uncertainties, the transportation and logistics industry has seen its fair share of ups and downs in the last few years.

In a recent survey by the global consulting firm, Price Waterhouse Coopers (PWC), of global CEOs and their outlook for 2013, only 24% of transportation and logistics CEOs surveyed were very confident about growth in the next 12 months, while more than 45% were somewhat confident about growth in 2013. This clearly confirms the inextricable link between the transportation and logistics industry and the state of the global economy.

The key takeaway here is that the global industry is cautiously optimistic about the future. Going forward, we can more or less safely say that this year is set to bring similar challenges and opportunities as in 2012: economic uncertainty due to the Eurozone crisis and austerity policies, continued turmoil in the Middle East and on the other hand, very promising growth opportunities in trade and e-commerce in emerging markets.

At Aramex, we have reason to be confident. We’ve been able to make the most of the current market trends and opportunities and our asset-light, alliance-driven business model has afforded us the flexibility to grow and expand our global footprint steadily. Last year we registered a healthy growth in full-year net profits and revenues which increased 15% and 21% respectively compared to 2011. Also the company’s net profits in the first quarter of 2013 increased 14% compared to the corresponding period of 2012, while revenues rose by 9%.

Our financial performance was right on target, buoyed by growth in core markets in the Gulf Cooperation Council (GCC) and our increased activities in growth markets around the world.

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For more information on ARAMEX, visit www.aramex.com

Disclaimer

Indices

Dubai Financial Market

The Dubai Financial Market General Index rose 10.8% to 2366.8 points at the end of May compared to 2135.4 points at the end of April.

 

 

DFM - Index

NASDAQ Dubai

FTSE NASDAQ Dubai UAE 20 index rises 8% in May
The FTSE NASDAQ Dubai UAE 20 index ended May at 2,646, up 8% from 2,454 at the end of April 2013 and up 45% from 1,820 at the end of 2012. The index tracks stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. The stocks are chosen for high liquidity and openness to foreign investment. Read more about the constituents of the index here

Brokers Market Share - May 2013

Dubai Financial Market

Members Market Share by Value (%)
MENA Corp Financial Services 11.63
Al Ramz Securities 9.80
NBAD Securities 7.87
Emirates NBD Securities 6.21
Direct Broker for Financial Services 5.10
Abu Dhabi Islamic Securities 4.52
Daman Securities Center 4.50
EFG-Hermes Brokerage 4.48
Arqaam Securities 4.14
Mashreq Securities 2.98

NASDAQ Dubai

Members Market Share by Value (%)
Deutsche Bank 44.05
EFG-Hermes Brokerage 29.05
Arqaam Securities 18.77
MENA Corp Financial Services 1.82
Union Brokerage 1.07
Mashreq Securities 1.05
Direct Broker for Financial Services 1.04
Al Dhabi Brokerage 0.99
National Bank of Abu Dhabi 0.98
Emirates NBD Securities 0.61

Opportunities to trade Sukuk and bonds on NASDAQ Dubai

Union Brokerage is Retail Broker of the Month on NASDAQ Dubai

The winner of NASDAQ Dubai's Retail Broker of the Month Award for May 2013 was Union Brokerage. The value of retail trades handled by Union Brokerage was 2.04 million dollars, amounting to 28.4% of the total value of retail trades handled by all Members of the exchange during the month. The Award is designed to give recognition to the Member that is the most active in trading on behalf of its retail clients on a monthly basis.



Dubai Financial Market outperforms global exchanges with its General Index up 45.9% Year-to-date

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