DUBAI / WAM As part of its leading investor and issuer services, Dubai Financial Market (DFM) has successfully accomplished the cash dividend distribution for the financial year 2017. As much as AED15.8 billion been disseminated to 466,482 investors. The number of listed companies that have outsourced the dividend distribution process to DFM increased from 35 companies during the previous year ...

DUBAI / WAM The Dubai World Trade Centre (DWTC) has announced up to 70 percent reduction on licencing and incorporation fees within the DWTC Authority (DWTCA), a Free Zone (FZ) offering offshore licences for businesses, and ‘One Central’, to spur business and benefit multi-sector growth. The DWTC’s programme will provide highly competitive offerings with the twin objectives of supporting inward ...

Bloomberg Abraaj Group has reached an agreement to sell its stake in Middlesex University’s Dubai campus to Amanat Holdings PJSC for about $100 million, people with knowledge of the matter said. An initial agreement has been signed and the deal is yet to close, the people said, asking not to be identified because the information is private. Dubai-based Amanat would ...