Brokerage companies at the Dubai Financial Market (DFM) added 26,953 new investor accounts in the first half of 2023.
The market reportedly witnessed significant momentum since the listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (DEWA), the TECOM Group, Union Coop, Salik, and Al Ansari, among others.
The number of new investor accounts at DFM grew by over 48 per cent during the first five months of this year, compared to 18,204 new accounts in the same period in 2022.
According to DFM-released data, 4,246 accounts were added in June; 5,349 added in May; 4,246 in April; 6,591 in March; 3,436 in February; and 3,082 in January.
Abu Dhabi saw a significant rise in the resolution of consumer complaints against commercial establishments last year, with 90 per cent of cases being settled amicably, compared to 83.4 per cent in 2023.
Etihad Airways, the national carrier of the UAE, has welcomed 1.6 million guests during February 2025, achieving an average passenger load factor of 89 per cent.
US President Donald Trump reversed course on Tuesday afternoon on a pledge to double tariffs on steel and aluminum from Canada to 50 per cent, just hours after announcing the higher tariffs, in rapid-fire moves that scrambled financial markets.