ABU DHABI/ WAM Abu Dhabi Securities Exchange (ADX) has announced the listing of NMDC Energy – P.J.S.C. shares, with effect from Wednesday, 11th September, in the “First Category”. The company’s share price shall be floated for three trading sessions starting from the listing date so that the price is not subject to the permitted daily rise and fall limits (15 …

ABU DHABI/ WAM The market capitalisation of the 20 largest companies listed on the local stock exchanges by market value reached AED2.8 trillion by the end of this week, with further increases expected in line with the markets’ plans to double their market value to AED 6 trillion in the coming years. The 20 listed companies accounted for 77.6 per …

PARIS/WAM  French President Emmanuel Macron appointed Michel Barnier, the European Union’s former Brexit negotiator, as prime minister on Thursday. Barnier is tasked with forming a new government, which is likely to end weeks of political deadlock after Macron called a snap election that delivered an unwieldy hung parliament. Barnier will now have to survive a no-confidence vote in the National …