 
                                    Abu Dhabi and Dubai's twin bourses rallied for the second consecutive session as investor sentiments continued to improve, driven by an optimistic economic outlook.
The two markets gained a combined AED 22 billion during the first week of Ramadan, with Abu Dhabi Securities Exchange (ADX) breaking the 10,000 pts barrier for the first time amidst increased demand for IHC's Apex National Investment which drew AED 10.1 billion in transactions.
Dubai's main share index followed suit, advancing 0.74 pct to 3541.6 pts following 5,251 transactions worth AED 520.5 million.

 
                                 
                                        
 ADNOC Distribution reports $579 million net profit in first 9 months
            ADNOC Distribution reports $579 million net profit in first 9 months
         TECOM Group’s 9-month shows 20% revenue growth
            TECOM Group’s 9-month shows 20% revenue growth
         DFM reports 212% increase in net profit before tax to AED930.8 million
            DFM reports 212% increase in net profit before tax to AED930.8 million 
         DMCC unveils plans for new financial centre
            DMCC unveils plans for new financial centre
         UAE cuts key interest rate by 25 basis points
            UAE cuts key interest rate by 25 basis points
         
                 
                 
                