Categories: Economy

Surge in Share Prices for Emirates NBD and Abu Dhabi Islamic Bank Sparks Debate in Dubai and Abu Dhabi Markets

Emirates NBD and Abu Dhabi Islamic Bank experienced an increase in their shares after announcing their financial results. However, other companies in the real estate, industry, and utilities sectors faced pressure due to selective buying of shares at lower prices. The Dubai market index rose by 0.06% to 4169.87 points, while the Abu Dhabi market index fell by 0.04% to 9041.51 points.

Emirates NBD saw a 1.84% increase to 16.55 dirhams with liquidity totaling 71.3 million dirhams, while Abu Dhabi Islamic Bank rose by 2.73% to 11.3 dirhams with liquidity of 47 million dirhams

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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Samantha Reynolds

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