ABU DHABI / WAM A total of 43 out of the 66 public-listed local and foreign companies on the Abu Dhabi Securities Exchange (ADX) announced cash dividends worth AED22.7 billion in 2016. The cash dividends paid by the listed companies grew by 9 percent compared to 2015 when it stood at AED20.8 billion. The number of local and foreign …

  ABU DHABI / WAM COAD, the Competitiveness Office of Abu Dhabi of Abu Dhabi Department of Economic Development (ADDED) announced its 2017-2021 strategy during a workshop held at the Department’s headquarters in the presence of representatives of more than 18 local and federal governmental entities. The COAD’s 2017-2021 Strategy stresses the importance of implementing several strategic initiatives in line …

  DUBAI / WAM The Federal National Council (FNC) Technical Affairs, Energy and Mineral Resources Committee continued discussing a draft federal law on the trading of oil products, during its fifth meeting for the Second Ordinary Session of the 16th Legislative Chapter at its headquarters in Dubai. The meeting was presided over by Mohammed Ali Al Kamali, Head of the …