ABU DHABI / WAM The Stern School of Business at New York University Abu Dhabi (Stern at NYUAD) today announced the establishment of the Institute for Global Financial Competitiveness, a new research endeavour that will use data science to research and rank International Financial Centers (IFCs) globally. The institute will be located at Stern at NYUAD, a strategic decision based ...

DUBAI / WAM The General Assembly of Emirates Central Cooling Systems Corporation (Empower), in a meeting, approved the Board of Directors’ proposal to distribute cash dividends of AED437.5 million (4.375 fils per share, equivalent to 43.75 percent of the company’s paid-up capital) to shareholders for the first half of 2025. The meeting, held on Thursday, was chaired by Saeed Mohammed ...

DUBAI / WAM DP World has begun the next stage of construction on its striking new global headquarters at Expo City Dubai, an eight-storey landmark designed to embody innovation, sustainability and the future of global trade. A ceremony marking the completion of foundations was held on site, attended by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation ...

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements ...

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange ...

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering ...

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) has reported a strong start to 2025, with daily trading volumes rising by over 27.5 percent compared to the same period last year, according to Abdulla Salem Al Nuaimi, CEO of ADX. Al Nuaimi also highlighted a more than 30 percent increase in the number of investors since the beginning of the ...

ABU DHABI/WAM The UAE’s stock markets experienced substantial growth in 2024, driven by a robust economy, foreign investments, and IPOs. Both the Abu Dhabi Securities Exchange and the Dubai Financial Market saw significant increases in their market cap and trading volumes. This growth solidified the UAE’s position as a leading investment destination in the region. At the end of 2024, ...