Board approves interim dividend of 40 fils per share for H1 2022
Board approves interim dividend of 40 fils per share for H1 2022
Brokerage companies in the DFM added 20,552 new investor accounts in the first seven months of 2022
Currency records second worst monthly performance in July by shedding 17% of its value
Second find in 2022 from first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession almost doubling the discovered field volume; Discovery indicates a further 1–1.5 TSCF of natural gas in place
Analysts and banking experts say higher oil prices and rising interest rates will lead to strengthening profitability for UAE banks in 2022–23
Abu Dhabi developer acquires four commercial towers in ADGM from Mubadala Investment Company
Abu Dhabi-listed company signs an agreement to acquire a stake in a significant portfolio, which includes 240 fuel retail stations, wholesale fuel, aviation fuel and lubricants operations
The state carrier welcomed over three million more passengers during the January-June 2022 as it handled 4.02 million passengers compared to 980,000 in the same period last year with an average seat load factor at 75 per cent
CBUAE maintained interest rate applicable to borrowing short-term liquidity from the regulator through all standing credit facilities at 50bps above the base rate