UAE stock exchanges continue rally
A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets are in a buoyant mood, with both exchanges recording gains for several days now.The Abu Dhabi Securities Exchange (ADX) maintained its positive trajectory, with its general index (FADGI) rising by 0.214% to close at 10,362.16 on Monday. A total of 24,495 trades were executed, involving 409 million shares with a combined value of Dh1.43 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.160 trillion.Abu Dhabi Islamic Bank (ADIB), ADNOC Gas, and Aldar led the rally with 1.85%, 2.1%, and 1.02% rises, respectively. Other stocks that contributed to the rally include Bank of Sharjah, which rose by 7.38%, ARAM group, up by 4.66%, and Presight, which gained 2.97%.
The Dubai Financial Market (DFM) continued its rally, with its general index (DFMGI) rising by 0.28% to close at 6,167.68. A total of 13,828 trades were executed on the DFM, involving 372 million shares with a combined value of Dh765 million. Share prices of 25 companies rose, 24 declined, and nine remained unchanged. It was the fourth straight day of gains for the DFM, supported by strong earnings reports in the second quarter. Emirates NBD led the rally with a 2.9% rise in its share price.
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Khaleej Times
7 hours ago
- Khaleej Times
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This performance reflects Alpha Dhabi's disciplined investment approach and its ability to generate sustainable shareholder value while advancing its vision for 2030, which emphasises innovation, strategic expansion, and socio-economic impact. Revenue contributions in the first half were well spread across its portfolio: industrial activities generated Dh13.4 billion, real estate Dh12.8 billion, construction Dh6 billion, and services and other segments Dh3.7 billion. The group's strategy of building scale, creating synergies, and enabling innovation is translating into tangible results, while its increasingly global footprint is also contributing to growth, with Dh4.6 billion in revenue generated from outside the UAE by its portfolio companies. Chairman Mohamed Thani Murshed Ghannam Al Rumaithi said Alpha Dhabi remains focused on building a resilient, future-ready economy for the UAE. 'Innovation and sustainable growth remain the cornerstones of our foundation as we invest with purpose, offering investors access to a diverse range of premium assets that matter to Abu Dhabi's economy,' he said. Managing Director and Group CEO Eng. Hamad Al Ameri added that growth remains the company's top priority across revenue, acquisitions, profitability, capabilities, innovation, and market impact. 'We are well positioned to build on this momentum throughout the rest of 2025 and beyond,' he said. The group's performance is also reflected in market recognition. In the Forbes Top 100 Listed Companies in the Middle East 2025, Alpha Dhabi ranked 14th, alongside four of its portfolio companies — Aldar Properties (30th), PureHealth (44th), NMDC Group (48th) and NMDC Energy (82nd). These accolades underscore the strategic importance of Alpha Dhabi's investments in shaping the UAE's regional economic influence. 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In the industrial sector, Trojan General Contracting and Samsung C&T began work on a 1,000-megawatt open-cycle gas turbine power plant in Al Dhafra, supporting the UAE's energy needs and aligning with its Artificial Intelligence strategy. PureHealth expanded its insurance arm Daman into the property and casualty segment and partnered with Cincinnati Children's Hospital to bring world-class paediatric care to Abu Dhabi. NMDC Energy strengthened its Saudi market presence by extending a long-term agreement with Aramco and signed a memorandum with Al Gharbia to boost domestic pipe production capacity. Alpha Dhabi has also been active in fostering innovation in the energy sector, supporting the Enersol initiative to identify the best AI-driven energy technology start-ups, backed in partnership with Adnoc Drilling and C3 - Companies Creating Change. 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Al Etihad
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- Al Etihad
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Al Etihad
a day ago
- Al Etihad
Abu Dhabi attracted $596 million in greenfield FDI in H1 2025: Emirates NBD Report
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