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DFM best performing market regionally in 2024: Report

ABU DHABI / WAM An economic report revealed that Dubai Financial Market’s (DFM) general index recorded double-digit gains of 10.9 percent, the biggest in the Gulf Cooperation Council (GCC) region since the beginning of 2024. The report, published on Tuesday by Kamco Invest, said that the DFM general index recorded a 4.1 percent increase in September, its fourth consecutive monthly ...

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Space42 makes trading debut on ADX following merger of Bayanat, Yahsat

ABU DHABI / WAM Space42 made its trading debut on the Abu Dhabi Securities Exchange (ADX) on Tuesday following the successful merger completion of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company PJSC (Yahsat), the UAE’s flagship satellite solutions provider. Integrating Bayanat’s advanced geospatial analytics and Yahsat’s leading satellite communications with AI capabilities enables Space42 ...

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ADFD hails EMSTEEL’s role in sustainable industrial practices

ABU DHABI / WAM A delegation from the Abu Dhabi Exports Office (ADEX), the export financing arm of the Abu Dhabi Fund for Development (ADFD), visited EMSTEEL Group (formerly known as Emirates Steel Arkan). In line with the ADFD’s commitment to strengthening strategic partnerships with leading Emirati companies, the visit aimed to highlight the support and benefits provided by ADFD ...

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