Emirates Business To the tune of AED39 billion in cash dividends have been paid out by listed Emirati companies for their stockholders for the year 2018. The generous cash distributions, which earn the UAE companies the lead over other Middle East-based firms in terms of dividend payouts, are reflective of the high-yield stocks traded in the country’s two main bourses ...

DUBAI / WAM The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative will see the delivery of $3 billion in assistance to Sudan. The assistance bundle entails $500 million deposit into Sudan’s central bank to strengthen the country’s liquidity and monetary reserves. The remaining amount will be dedicated to support ...

ABU DHABI / WAM The United Arab Emirates has condemned the terrorist bombings that targeted churches and hotels in Colombo, Sri Lanka. In a statement on Sunday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC), said that the UAE affirmed its firm stance against all forms of violence, terrorism and extremism, targeting all without distinction between religion and race. ...