Abu DHABI / WAM Al Hilal Bank has announced the dividend payout of its Al-Hilal Global Balanced Fund. The Fund, which was launched in 2014, distributed a 17.78% dividend to all registered unit holders as of February 8, constituting 100% of the distributable income as verified by the Fund’s independent auditors. Al Hilal Global Balanced Fund aims to generate appropriate ...

DUBAI / WAM ENOC Group, through its subsidiary Horizon Terminals, has awarded the Engineering, Procurement and Construction (EPC) contract for a 16.2-kilometre jet fuel pipeline that links its storage terminals in Jebel Ali with Al Maktoum International Airport (DWC) in Dubai South, to Dubai-based Albanna Engineering. The construction of the pipeline is expected to be completed in 24 months and ...

Dubai / WAM Top-level regional and global government officials and power decision makers will join pioneers of energy, space and technology when the inaugural sector-defining Global Smart Energy Summit (GSES), gets under way at Dubai World Trade Centre on March 6. The three-day thought leadership summit will see more than 110 high-profile speakers address 700-plus delegates across more than 100 ...