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Aramex bucks slide in Gulf stocks in record winning streak

  Bloomberg Aramex PJSC advanced for an 11th day as stock markets across the Gulf languished amid lower-than-normal trading volumes. The Dubai-based logistics company extended its longest rising streak since it began trading more than a decade ago, climbing 2.8 percent as of 11:43 am. local time to the highest level since 2006. Every major equity index across the six-nation ...

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UAE ranks 8th worldwide in UN’s e-smart services index

  ABU DHABI / WAM The UAE moved up four places in its position in the e-smart services index of the E-Government Development Index (EGDI), issued by the United Nations Department of Economics and Social Affairs (UNDESA) ranking in joint 8th place globally with the Republic of Estonia. The EGDI is an important component in the overall index used to ...

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du offers AED594.3 million dividends at 13 fils per share

  Dubai / WAM The Emirates Integrated Telecommunications Company, known as du, has said it plans to distribute AED594.3 million of interim dividends to its shareholders for the first half of 2016 at 13 fils per share, subject to approval at the General Meeting in September 2016. In its published financial results for the second quarter of 2016, du delivered AED ...

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