AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.
The FTSE NASDAQ Dubai UAE 20 Index closed at 1475.620 today, down 1.24%, from the previous close. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. It has been designed as a hedging and investment mechanism for GCC and international investors. DP World bucked the global downtrend and gained 0.46% to reach $11.00. Interior design giant DEPA Ltd. plummeted 4.55% to $0.42.