ABU DHABI / WAM Etisalat announced on Thursday its consolidated financial statements for the 12 months ending December 31st 2015. The board proposed a final dividend payout of 40 fils per share for 2015, representing a total dividend payout of 80 fils for the full year. Etisalat Group’s consolidated revenue for the fourth quarter of 2015 amounted to AED12.7 billion …

Dubai / WAM Dubai Gold and Commodities Exchange (DGCX) has announced the appointment of the Bank of China, BOC, as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) which is a wholly owned subsidiary of DGCX. With the addition of Bank of China, DCCC has expanded its network of Settlement Banks to five with Emirates NBD, Standard Chartered, HSBC …

Dubai / WAM Total air traffic movements in UAE airspace reached 72,510 last month, according to the Sheikh Zayed Air Navigation Centre’s latest report. The UAE General Civil Aviation Authority, GCAA, announced that air traffic movements in the UAE witnessed an increase of 4.8 percent in February 2016 compared with the same period last year. February report indicates that Dubai …