The Dubai Stock Exchange is down by 0.61%, to conclude with...

(MENAFN – Youm7) The general index of the Dubai Financial Market, at the end of the trading session on Sunday, the beginning of the week’s sessions, decreased by 0.61%, losing 13.41 points to close at 2181.22 points, and the trading volume reached 134.2 million shares, achieving a value of 91.3 million dirhams through the implementation of 1816 A deal for 32 shares, and 6 sectors fell on the Dubai Stock Exchange, led by the insurance sector by 1.95%, followed by the transport sector by 1.34%, followed by the real estate sector by 0.75%, then the investment and financial services sector by 0.66%, then the banking and services sectors by 0.56%, 0.09 %, Respectively, while the commodities sector increased by 1.54%, then the telecommunications sector by 0.92%.

Thirteen stocks jumped on the Dubai Stock Exchange during today’s trading session, led by Al Madina Finance and Investment Company by 14.60%, then Gulf Navigation Holding Company by 3.21%, while 17 shares fell, on top of which is Ithmaar Holding Company by 5%, then Amlak Finance Company share By 4.79%, while Dubai Islamic Bank topped the list of the most traded trades by value, with a volume of 6.1 million papers worth 25.2 million dirhams, and the share declined by 1.20%.

In a related context, Ektitab Holding Group announced the results of the Board of Directors meeting on October 14, in which the resignation of the Future Regional General Trading Company from the Board of Directors was discussed, the resignation of the Union Regional Import and Export Company, and the reserve members were summoned, where Arif Abdullah Al-Ajmi was appointed as a representative For Taiba Al-Khair Holding Company, and Dr. Sarah Ali Al-Shamali, a representative of Tabah Al-Bakhir Holding Company.

In the same context, Al-Salam Holding Group announced the results of the Board of Directors meeting on October 14, in which the resignation of the Future Regional General Trading Company from the Board of Directors was discussed, and the reserve member of Taiba Al-Khair Holding Company was summoned, and a representative for it was appointed, Muhammad Douiri Gyal Al-Anzi.

In another context, Agility Public Warehousing Company announced that one of its subsidiaries, National Aviation Services, has won an exclusive right to provide passenger services at Baghdad International Airport – Iraq, for a period of 9 years, due to the current conditions of the Corona virus, and therefore the value of Contract, is that annual revenue is expected to be around 2 million US dollars.

In a separate context, Amanat Holding Company announced that it has invested 18.4 million Emirati dirhams (5 million US dollars) in the leading American company in the field of educational technology, which established the excellent early education program HOMER as part of the investment state allocations in SERIES C. BEGIN focuses on education stages. This is done through an effective and distinct platform targeting children between the ages of two and eight years.

Meanwhile, Shuaa Capital announced that it has appointed Jasim Al Seddiqi as an advisor to the Falconza Fund of 500 Startups in the Middle East and North Africa, the company specializing in early stages of the most active venture capital globally.

While Emirates Integrated Telecommunications Company-du announced that the company’s board of directors will meet on Wednesday, October 21, and the meeting’s agenda includes an item looking at the financial statements for the third quarter ending on September 30, 2020.

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