ABU DHABI/WAM The Securities and Commodities Authority (SCA) announced its approval for the listing of 16 tranches linked to bonds and Islamic sukuk, with a total value of $19.55 billion (AED72 billion), on the Abu Dhabi Securities Exchange’s “Secondary Listing Market” during 2023. The authority clarified, according to the latest released statistics that the listings included 10 regular tranches and …

ABU DHABI/WAM Fertiglobe on Tuesday announced that its Board of Directors has approved an interim cash dividend for H1 2024 of $150 million, equivalent to AED551 million or 6.6 fils per share. The dividend will be paid during October 2024 to shareholders of record as at October 10 2024. Fertiglobe’s robust balance sheet and effective cash flow management continue to …

DUBAI/WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Decree No (58) of 2024, appointing Judge Wayne Stewart Martin as the Chief Justice of the Dubai International Financial Centre Courts. This decree, effective from September 12 2024, will be …