Dubai Financial Market '09 profit falls 43%

03 March 2010

Dubai Financial Market, the only Arab stock market to sell shares to the public, has announced that its full-year profit dropped 43% as the global financial crisis slowed its trading volume, Bloomberg has reported. Net income fell to Dhs346.6m ($94.4m), or 0.04 dirhams a share, from Dhs605m, or 0.08 dirhams a share, a year earlier, DFM said.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications