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Borouge shareholders get annual dividend yield of 6.7%

ABU DHABI / AD MEDIA OFFICE The annual dividend for Borouge, part of ADNOC Group (ADNOC), has reached 6.7 per cent based on the closing price on March 7 2025, offering strong investor returns and reinforcing the company’s attractive dividend profile. Borouge’s financial results for 2024 underline the petrochemicals company’s resilience and profitability, with net earnings of AED4.5 billion ($1.24 ...

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering ...

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Space42, Viasat partner to explore shared global 5G NTN initiative

ABU DHABI/WAM Space42, and Viasat, Inc signed a memorandum of understanding to explore ecosystem partnership options for developing a 5G Non-Terrestrial Network (NTN) initiative. This collaboration between Space42 and Viasat is a major step towards expanding global satellite connectivity, enabling both companies to address the growing opportunities in direct-to-device (D2D) satellite communications to smartphones, narrowband Internet of Things (NB-IoT), as ...

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