
UAE markets continue rally as DFM crosses Dh1 trillion mark
A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets continued to soar to new peaks as the Dubai Financial Market crossed Dh1 trillion in market capitalisation. The Abu Dhabi Securities Exchange (ADX)'s general index (FADGI) rose by 0.253% to close at 10,176.33. First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) led the rally with their share prices rising 2.6% and 1.8%, respectively. A total of 33,525 trades were executed, involving 410 million shares with a combined value of Dh1.70 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.119 trillion. Other top gainers on the ADX included Oman and Emirates Investment (+9.24%), UAQ Investments (+4.7%) and Bank of Sharjah (3.7%). Notable decliners were Al Khaleej Investments (-9.03%) and Abu Dhabi National Insurance (-4.44%). The DFM continued its rally with its general index (DFMGI) rising by 1.021% to close at 5,974.43. According to Kamco Invest, the combined market capitalisation of all DFM-listed companies reached Dh1.009 trillion at the end of Tuesday trading. The live updates on the combined market cap are not provided by the DFM, unlike ADX. But at the end of trading on Wednesday, the market cap could have risen substantially from Dh1.009 trillion mark because of a strong market rally. A total of 16,112 trades were executed on the DFM, involving 419 million shares with a combined value of Dh988 million. Share prices of 27 companies rose, 20 declined, and eight remained unchanged. Banking stocks — Emirates NBD and Dubai Islamic Bank — led the rally with a 3.7% and Dh2.2% surge, respectively. Air Arabia rose 1.1% as Air Arabia Abu Dhabi has decided to increase its operational capacity by 40% following the closure of Wizz Air Abu Dhabi.
Overall, it is the banking stocks which are leading the rally in the UAE markets in anticipation of good second quarter results.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
2 hours ago
- Zawya
UAE: Apex Investment records higher profits at $19.48mln in H1-25
Abu Dhabi – Apex Investment Company logged net profits after tax amounting to AED 71.59 million in the first half (H1) of 2025, compared to AED 23.01 million in H1-24. The ADX-listed firm posted revenues worth AED 399.86 million as of 30 June 2025, an annual plunge from AED 425.23 million, according to the financial results. Basic earnings per share (EPS) grew to AED 0.020 in H1-25 from AED 0.006 during the same period in 2024. Financials for Q2 In the second quarter (Q2) of 2025, the company's net profits hiked to AED 97.19 million from AED 18.74 million a year earlier, while the revenues shrank to AED 203.45 million from AED 229.91 million. The basic EPS stood at AED 0.027 in the three-month period that ended on 30 June 2025, up from AED 0.005 in Q2-24. As of 31 March 2025, Apex Investment turned to net losses valued at AED 25.59 million, against net profits worth AED 4.27 million in Q1-24. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (


Al Etihad
16 hours ago
- Al Etihad
ADQ completes acquisition of majority stake in Aramex
27 July 2025 20:32 A. SREENIVASA REDDY (ABU DHABI)ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, has completed the acquisition of a majority stake in a statement, ADQ said the voluntary tender offer for Aramex, submitted by its wholly owned indirect subsidiary Q Logistics Holding, has become will now become the majority shareholder in Aramex, with a 63.16% stake when combined with the shareholding held by AD Ports Group, in which ADQ holds a majority latest acquisition is confirmed by the Dubai Financial Market's data shows Q Logistics Holding holds 40.4492%, GeoPost SA 28%, and Abu Dhabi Ports Company 22.69%. The remaining 8.9% is held possibly by retail investors and smaller had initially aimed to acquire 100% of Aramex and potentially delist the company from the Dubai Financial Market. However, it secured voluntary acceptance from only 40.44% of shareholders. An FAQ published at the time of the offer stated, 'If you decide not to participate in the offer, you will be entitled to keep your shares. To the extent the offeror obtains 90% plus 1 share of the total share capital of Aramex, then the offeror is entitled to apply for the compulsory acquisition of the remaining securities held by minority shareholders.' As this threshold was not met, several shareholders, including GeoPost SA, which holds 28%, retained their a subsidiary of France's La Poste, became a shareholder in Aramex in 2021, initially acquiring a 24.9% stake and later increasing it to 28% in 2022, according to information available on Aramex's website.Q Logistics announced its intention to acquire up to 100% of Aramex shares not held by Abu Dhabi Ports on January 13, 2025. The Securities and Commodities Authority approved the offer document on February 9, and Aramex disclosed its receipt to the market the following February 11, Aramex's board reviewed the offer and HSBC's fairness opinion, which deemed the offer financially fair, and recommended that shareholders accept. A formal circular with these details was published on February 13. The offer was priced at Dh3 per share and open for acceptance from February 10 to March March 28, Aramex announced it had received final confirmation from ADQ that Q Logistics had secured acceptances amounting to 40.57%. When combined with the 22.69% held by AD Ports, this brought ADQ's total effective ownership to 63.26%, exceeding the minimum threshold set by SCA's Mergers and Acquisitions Rules. The offer became unconditional on July 22, 2025, following receipt of all regulatory approvals and said Aramex will be integrated into its Transport & Logistics cluster, reinforcing Abu Dhabi's position as a global logistics hub. With operations in over 65 countries and significant warehousing and trucking capacity, Aramex is expected to strengthen ADQ's multimodal logistics platform. ADQ Deputy Group CEO, Mansour AlMulla, said, 'ADQ's majority shareholding in Aramex marks a strategic step toward advancing our vision to build a globally integrated logistics platform anchored in the UAE. Aramex brings strong capabilities and operational depth that complement our existing investments across air, sea, and land infrastructure. Its addition enhances the services layer of the logistics value chain and supports the development of end-to-end trade and supply chain solutions. We believe Aramex is well-positioned to unlock long-term value through greater integration with ADQ's broader portfolio, and we are confident in its ability to deliver sustainable growth.'


Al Etihad
a day ago
- Al Etihad
Advanced technologies a key sector for FDI investors in UAE
27 July 2025 13:55 A. SREENIVASA REDDY (ABU DHABI)Investments in advanced technologies remain the top priority for foreign direct investors considering the UAE, with 62% of them identifying it as a key sector, according to the seventh wave of Bloomberg Media's Global Foreign Direct Investment (FDI) comprehensive study, conducted between May 21 and June 11, 2025, surveyed 2,600 senior decision-makers from 31 countries, including 83 respondents from the UAE and 227 from the entire MENA ongoing geopolitical challenges and economic uncertainties, the UAE emerged as a standout destination, with the MENA region as a whole displaying the largest appetite for global to the study, 90% of MENA-based executives expressed a desire to grow their international operations, surpassing the global average of 76%. These investors also revealed higher-than-average investment plans, reporting an average FDI value of $239 million, well above the global mean of $194 advanced technology led the list of sectors attracting investment interest, ESG (Environmental, Social, and Governance) considerations are also gaining report found that 60% of foreign direct investors considering the UAE already integrate ESG criteria into their strategies, with a further 36% planning to do the broader MENA region, 69% of decision-makers confirmed they currently incorporate ESG principles, reflecting a regional leadership in sustainable investment practices. This compares with a global average of 56%.Political and security concerns, however, remain at the forefront of investor considerations. The conflict in the Middle East, cybersecurity threats, and trade barriers were identified as the top three challenges when allocating investment despite these pressures, investor interest in projects across manufacturing, supply chains, and new market expansion rose notably from 2023 levels—by 10 percentage points in manufacturing, four in supply chains, and three in new market report, titled 'Rebalancing in Real Time: How Shocks Are Shaping the Global Investment Landscape,' underscores a growing shift in how global investors assess risk and opportunity. For MENA investors, cost incentives and long-term productivity now rank higher than traditional metrics such as location and easing of US–China trade tensions was cited as the single most important positive development for economic optimism in the MENA region, with 76% of respondents viewing it favourably—more than any other global the study highlighted a near-even balance between optimism and caution among global FDI decision-makers for the first time in five years, the outlook for the UAE remained broadly positive. The country's emphasis on stability, innovation, and forward-thinking economic reforms continues to make it a highly attractive hub for investment, particularly in emerging technologies like artificial intelligence. The Global FDI Outlook is part of Bloomberg's Industry Accelerator suite of proprietary research, providing valuable insights into investment patterns, sector preferences, and global business sentiment across multiple industries. Source: Aletihad - Abu Dhabi