Very curious intorduction - online trading gives us freedom to make decisions away from rumours? I see ...
Who wrote this:
The e-trading service allows you the freedom to take the decisions away from the rumors and your decision to sell and buy will be final and will based on your personal analysis from any part of the world and you will now be able to follow up the prices of UAE stocks accurately and swiftly and you will be able to execute the sell and buy orders, print your own portfolio and do your own accounts at any time and from any part of the world.
Your proposals are of great importance to us, so do not hesitate to send any proposal, which you think appropriate, in order to do our best to provide you with the best and most satisfactory service.
Website available in Arabic and English.
Not possible to view site content without allowing ActiveX controls.
Has brief descriptions of DFM, ADSM, DIFX taken verbatim straight from the respective websites - nothing different from what you probably already know.
Some investor forms available (from DFM and ADSM) for download. Appear to be stored on Al Burooj server so may not be up to date if ADSM or DFM change their forms. Also the ADSM investor registration form appears to be a scanned copy with a unique registration number which may cause a problem if used repeatedly.
List of Islamic Shares on one page but explanations are in Arabic (company symbols in English).
Home page is nothing except link to next page (and a really annoying mouse tail ).
Top of page has equity names scrolling but without further information or links.
Listed on DFM site as Al Burooj but website says Al Brooge - and domain name is brooge.com.
Contact form requires name, email, mobile, comments (not made clear unless item is skipped). No thank you page or acknowledgement of submission on website.
Link to online trading just returns a description page. Don't know where (or if) online trading is set up, or uses SSL.
About Us page says this (Who is Doutchi Bank? Maybe Deutsche Bank?) ...
Who wrote this:
AL Brooge Shares & Bonds Company is a national company with a registered office in Abu Dhabi, United Arab Emirates and holds a license duly issued by the stocks and commodities organization and operates in the UAE local markets (Abu Dhabi stock market and Dubai stock market). The company has three dealing rooms, a VIP dealing room, a ladies dealing room and a public dealing room, and is considered the largest dealing room in Abu Dhabi emirate. All of the three dealing rooms are equipped with technically developed LCD screens with high resolution providing clear visibility to stock dealers in addition to a large number of high speed computer systems.
The company provides e. dealing service to the local markets (Abu Dhabi stock market and Dubai financial stock market), whereby orders are operated by dealers electronically through internet by having access to the Al Brooge website. The Company also provides direct brokerage services where sell and buy orders are made through telephone.
In addition, the company also provides Islamic stock dealing service and it is fully governed by Islamic Shari’a rules. This service has been introduced for dealers who prefer to maintain their dealings, accounts and portfolios separately.
For the convenience of dealers inside the centre, the company has provided a mosque for prayers. The wide range of varied services and activities has been provided by the company with the aim of creating a favorable climate for al levels and classes of investors.
Al Brooge company is licensed to operate with Dubai International Financial Exchange through e - network service with Doutchi Bank.
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Disclaimer: Investing in stocks is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold stocks and/or any other investments. Seek professional advice and do your due diligence before making investment decisions. In particular, do not assume anything you read on this site is correct or accurate. You should accept that only you can be responsible for any investing decisions you make.
2008 FY
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