Emirates REIT Asks For Identity Of Traders On Suspicious Trades

In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants

Emirates REIT has filed an application in the Dubai International Financial Centre Courts to find out the identify of those behind “suspicious trades” in its shares.

“Emirates REIT yesterday submitted an application in the DIFC Courts seeking an order for the disclosure by Nasdaq Dubai of the identity of the traders behind the nominee account responsible for several suspicious trades of Emirates REIT shares,” the Dubai-based company said in a statement Monday.

In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants and reported it to the regulatory authorities.

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
RECENT NEWS

Dubais Magellan Capital Launches Flagship $975m Hedge Fund

Dubai-based manager is opening its absolute return platform to third-party capital for the first time The post Dubai’... Read more

UAEs FAB Posts 22% Jump In Q4 Profit, Beats Estimates

UAE's biggest bank FAB reported a record 2025 profit after strong Q4 results, higher non-interest income and expanding ... Read more

Dubai Unveils $27.2bn DIFC Zabeel District In Landmark Financial Hub Expansion

Dubai unveils $27.2bn DIFC Zabeel District, a landmark expansion set to reshape the city’s financial hub amid global ... Read more

Digital Payments Dominate Saudi Arabia As Cash Use Continues To Decline, Visa Says

Visa research shows 80% of transactions in Saudi Arabia are now digital, highlighting accelerating consumer shift away ... Read more

Saudi Venture Capital Surges 145 Per Cent To $1.72bn In Record 2025

Saudi Arabia leads MENA venture capital for a third year, with 2025 investment reaching $1.72bn across a record 257 dea... Read more

GCC Debt Market Tops $1.1trn As Dollar Issuance Surges – Report

Fitch Ratings says GCC debt capital markets grew 14% in 2025, led by US dollar borrowing and record sukuk activity The ... Read more