ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) saw today 44 large direct deals executed on the stock of Fertiglobe. According to market data, the trade was executed on 4.15 billion shares with a value of AED13.28 billion at an execution price of AED3.2 per share. Large direct transactions are deals executed outside the order book and do not affect …

ABU DHABI/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, chaired the second meeting of the BRICS Steering Committee, held via video conferencing and attended by several UAE ministers and officials. The meeting reviewed the latest updates and developments on the UAE’s engagement with the BRICS group and explored ways to further …

ABU DHABI/WAM Hafeet Rail, the developer and operator of the UAE-Oman Rail Network, has partnered with Progress Rail, a Caterpillar company, to supply 27 state-of-the-art EMD SD70ACS heavy-haul freight locomotives. The locomotives will be custom-designed to withstand the region’s unique environmental conditions while adhering to the highest global standards of safety, security, sustainability, and environmental protection. This took place during …