Recent Posts

Capital value of SCA-registered companies top AED410 billion

ABU DHABI / WAM The capital value of local public shareholding companies registered at the Securities and Commodities Authority (SCA) reached AED410.36 billion at the end of 2017, according to the SCA’s latest statistics. In 2017, the SCA registered five public shareholding companies, including two public companies and three private companies, with their total capital value reaching AED74.4 billion. Abu ...

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EGA receives first shipment of bauxite ore from Guinea

DUBAI / WAM Emirates Global Aluminium (EGA) received its first shipment of bauxite ore in preparation for the commissioning of its under-construction Al Taweelah alumina refinery. The 61,450-tonne shipment of bauxite from Compagnie des Bauxites de Guinee sailed to the UAE from Republic of Guinea in West Africa in 33 days. Once Al Taweelah alumina refinery is at full production, ...

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UAE, Comoros to strengthen bilateral ties

MORONI / WAM Comoros President Azali Assoumani received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, who is currently on an official visit to the country. The meeting was attended by Comoros’s Minister of Foreign Affairs, International Cooperation and the Francophonie, Mohamed El Amine Souef and the country’s Minister of State for Foreign ...

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