Connect with us

News

DFM Company posts net benefit of Dh38.1 million in the initial nine months of 2021

Published

on

Spread the love

Market capitalization up 15% to Dh 392.2 billion.

Dubai Financial Market Company on Wednesday revealed a nine-month net benefit of Dh 38.1 million contrasted with Dh120.1 million in a similar time of 2020.

The organization’s complete income came to Dh183.1 million during the nine months of this current year contrasted with Dh271 million during the comparing time of the earlier year. The income is included Dh117.9 million of working pay and Dh65.2 million of speculation returns and other pay. The organization’s costs diminished 4% to Dh145 million before the finish of September 2021 contrasted with Dh 150.9 million in a similar time of 2020.

“The market capitalization of DFM-recorded protections has expanded 15% to Dh392.2 billion and the General Index progressed by 14.2 percent despite the 23.7 percent decrease in exchanging worth to Dh38.7 billion contrasted with its level during the comparing time of 2020. Additionally, unfamiliar financial backers kept up with their solid presence with 47.5 percent portion of the overall industry of exchanging esteem,” said Essa Kazim, Chairman of the Dubai Financial Market Company.

Unfamiliar financial backers were net purchasers of Dh1.3 billion and their responsibility for market capitalization came to 18.5 percent toward the finish of September 2021. Also, institutional financial backers represented 44% of exchanging movement with a net acquisition of Dh429 million. This obviously shows UAE’s and global financial backers’ profound trust in DFM’s possibilities and enhanced freedoms.

Simplicity of contributing

The DFM has deferred the base exchanging commission from September first as a component of its various drives pointed toward invigorating and smoothing out exchanging and venture exercises just as advancing retail financial backers’ interest on the lookout and empowering them to profit its rewarding speculation openings.

During September likewise, the DFM chose to expand its exchanging hours from four hours to five hours every day, which became effective on third of October 2021, in an undertaking to additionally fortify its driving situation as a fundamental door for speculation and to draw in more extensive and more enhanced classifications of financial backers, particularly the worldwide financial backers who are continually showing extraordinary premium on the lookout.

Continue Reading
Advertisement

News

Dubai’s new DEWA headquarters is world’s tallest energy-positive government building

Published

on

Spread the love

Dubai has just unveiled another futuristic landmard, and this one could redefine sustainable government buildings worldwide.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, officially inaugurated Al Sheraa, the new headquarters of Dubai Electricity and Water Authority (DEWA) in Al Jaddaf.

Mind-blowing  numbers

Dubbed the tallest, largest, and smartest energy-positive government building in the world, Al Sheraa is designed to produce more energy than it consumes, making it a major milestone in Dubai’s sustainability journey.

The building features:
• 110,000 smart sensors
• 1,500+ wireless access points
• 3,200 connected smart devices
• Over 1.9 million automated control commands daily
• Solar energy systems generating up to 5 MW of electricity 

The building combines cutting-edge AI, automation, and renewable energy technologies to create a next-generation workspace focused on efficiency and sustainability.

Calling it a “global architectural icon,” Sheikh Mohammed said the project reflects Dubai’s leadership in innovation, smart technology, and green energy.

From AI-powered systems to solar-powered operations, Dubai is once again showing the world what the cities of the future could look like 

Continue Reading

News

Why Dubai’s Burj Khalifa is the most Instagrammable landmark in the world

Published

on

Spread the love

The iconic Burj Khalifa has added another global title to its long list of records, this time as the world’s most Instagrammable landmark.

According to the latest Instagram Attraction Index, Dubai’s famous skyscraper secured the top spot globally with more than 10 million tagged Instagram posts and approximately 1.1 million monthly searches, reinforcing its status as one of the most photographed destinations in the world.

Developed by Emaar Properties and officially completed in 2010, the Burj Khalifa rises 828 metres into the Dubai skyline with more than 160 floors, making it the tallest building on the planet.

Designed by architect Adrian Smith of Skidmore, Owings & Merrill, the tower has become one of the UAE’s most recognisable landmarks, attracting millions of visitors every year for its observation decks, fountain shows and skyline views.

Among the countless images shared online, some of the most visually striking photographs of the Burj Khalifa have come from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, whose social media posts frequently capture Dubai from dramatic perspectives.

From lightning storms illuminating the tower to sunrise scenes above the clouds, Sheikh Hamdan’s photography has played a major role in showcasing the landmark’s cinematic appeal to audiences worldwide.

The Burj Khalifa’s popularity on Instagram reflects Dubai’s broader rise as a global tourism and lifestyle destination, where architecture, luxury experiences and futuristic cityscapes continue to attract international attention.

For many visitors, photographing the tower has become almost a mandatory Dubai experience, whether from the Dubai Fountain promenade, a rooftop overlooking Downtown Dubai or even from inside the clouds during winter fog season.

Continue Reading

Education

UAE: Parents can now attest school certificates in just 3 minutes

Published

on

Spread the love

The UAE has introduced a major digital upgrade for parents and students, with the Ministry of Foreign Affairs and Sharjah Private Education Authority launching a new system that allows academic certificates to be issued and attested online in just minutes.

    Activated through the Dalil platform, the service combines certificate issuance and attestation into one streamlined digital process, removing the need for families to navigate multiple platforms or complete separate applications.

    Officials said the move is part of the UAE’s wider Zero Government Bureaucracy Programme, designed to simplify services, reduce paperwork and create a better, more user-friendly digital experience.

    Previously, parents often needed to complete up to three separate procedures involving schools, the Ministry of Foreign Affairs and UAE missions abroad. Under the new integrated system, the entire process can now reportedly be completed in around three minutes instead of taking up to six working days.

    The platform allows users to issue academic certificates through SPEA while simultaneously obtaining attestations from MoA and the relevant UAE mission in the destination country through one unified digital window.

    Officials described the initiative as another step towards building a fully connected digital government ecosystem focused on convenience, efficiency, and smarter public services.

    The new service is expected to particularly benefit families applying for university admissions, overseas transfers, and official educational documentation both inside and outside the UAE.

    Why is certificate attestation needed?

    School certificate attestation is the official process of verifying and certifying the authenticity of a student’s educational documents. This ensures that academic records and other important certificates are legally recognised by authorities in the UAE.

    The process is often required for several key purposes, including school admissions, university applications, student visa procedures and confirming the validity of educational qualifications for use inside the country.

    Continue Reading

    Popular

    Exit mobile version
    https://headline.ae/