Business and economy in Dubai
Business in Dubai Although built on the back of oil revenues, 94% of Dubai’s revenue is now earned from other sources. Trade, import-export and financial services now form the cornerstone of Dubai’s economy, with IT also becoming an increasingly important contributor. The economy of Dubai Dubai had been enjoying a decade long period of boom [...]
The Dubai Financial Market and NASDAQ Dubai
The Dubai Financial Market The Dubai Financial Market (DFM) was established in March 2000 as a secondary market for trading both local and foreign securities and bonds. As of fourth quarter 2006, its trading volume stood at about 400 billion shares, worth a total of 95 billion US dollars in total. The DFM had a [...]
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