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DP World completes acquisition of Fraser Surrey Docks in Canada

DUBAI / WAM DP World, the leading enabler of global trade, and one of the world’s largest port operators, announced on Monday it has completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners, alongside its partner, Caisse de dépôt et placement du Québec, thus complementing DP World’s footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, ...

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UAE issues new law to facilitate space sector development

ABU DHABI / WAM The UAE Space Agency has announced the details of the new UAE Space Law issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The announcement was made during an introductory workshop for the UAE Space Law, organised by the UAE Space Agency and held in Abu Dhabi. Previously, the law was passed by the ...

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FAB shareholders okay AED8.08bn dividends

ABU DHABI / WAM First Abu Dhabi Bank (FAB), concluded its General Assembly Meeting on Monday at FAB’s headquarters in Abu Dhabi. According to a statement released by FAB, all items on the agenda were discussed and approved including the distribution of 74 percent cash dividends – AED0.74 per share, implying total cash dividends of AED8.08 billion – for the ...

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