News

Media IN Abu Dhabi  11th-07-2019 Dana Gas, a leading gas company based in Sharjah, has repurchased 1.979 million shares as part of the buy-back programme previously approved by the UAE’s Securities and Commodities Authority (SCA) on 20 May 2019. The price of purchase transactions stood at AED 0.94797 per share, …

Media IN Abu Dhabi  11th-07-2019 The Abu Dhabi Securities Exchange (ADX) has seen a buoyant trend on Thursday on the back of the rising blue-chip stocks. The ADX’s general index added 25.69 points, or 0.51%, finishing the trading session at 5,052.43 points. Trading volume amounted to 66.448 million shares exchanged …

Media IN Abu Dhabi  11th-07-2019 Abu Dhabi National Insurance Company (ADNIC), listed on Abu Dhabi Securities Exchange (ADX), on Thursday announced the launch of its ‘verified’ WhatsApp Business service. The new service will enable customers to reach out ADNIC’s contact centre easily through WhatsApp securely in an encrypted environment, according …

Media IN DUBAI, 11th July, 2019 (WAM) Dubai Aerospace Enterprise, DAE, today announced its H1 2019 key strategic and operational highlights for its leasing division. The company is delivered and committed to deliver over US$1.1 billion in aircraft assets, its managed assets portfolio grew to 51 aircraft valued at $1.3 …

Media IN ABU DHABI, 11th July, 2019 (WAM) The employment rate of the UAE’s real estate sector rose by 4.4 percent in the first quarter of 2019, compared to the same period in 2018, according to statistics from the UAE Central Bank, Private sector employment witnessed steady quarterly rises, increasing …

Media IN DUBAI, 11th July, 2019 (WAM) The UAE’s ambitious waste diversion goals can be achieved if more businesses make waste management a top priority within their organisations and adopt the best international practices, industry experts concluded. They shared their views during a workshop organised recently by member companies of …

Media IN Tokyo, July 11, 2019, SPA Hong Kong’s Hang Seng jumped 1.2% to 28,539.74 while the Shanghai Composite index added 0.3% to 2,924.85. In Japan, the Nikkei 225 index climbed 0.5% to 21,638.58 while South Korea’s Kospi advanced 1.2% to 2,083.79. Australia’s S&P ASX 200 gained 0.3% to 6,717.70. …

Media IN Dubai 11th-07-2019 DP World, a global port operator based in Dubai, is looking to raise around $700 million via conventional and Islamic bond issues on Thursday, citing documents issued by banks involved in the deal.  The port operator is also planning to issue 10-year benchmark sukuk, according to …

Media IN Abu Dhabi  11th-07-2019 Emirates Telecommunications Group (Etisalat) revealed it has not imposed any additional charges on using the 5G network services. Customers of the telecom firm can directly connect with the 5G network via their smartphones at the same prices of bundles available for subscription. All the company’s …

Media IN VIENNA, 11th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$66.10 a barrel on Wednesday, compared with $64.35 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …