ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the provision of $3 million to support the reconstruction of the Palestinian town of Huwara and assist those affected by recent events. The initiative will be implemented by the Abu Dhabi Department of Municipalities and Transport (DMT), in cooperation with the Emirati-Palestinian Friendship Club, as ...

DUBAI / WAM Al Ansari Financial Services on Thursday announced the offer price range per share and the start of the subscription period for its Initial Public Offering (IPO) on the Dubai Financial Market (DFM). The price range for the global offering has been set at between AED1.00 and AED1.03 per share, implying a market capitalisation at a listing of ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced that its shareholders approved a new dividend policy for 2023–2025 based on a combination of fixed and variable dividends. Under the new policy, the company expects to pay a fixed dividend per share, derived from its utilities earnings, of 3.25 fils in 2023, 3.50 fils in 2024 and 3.75 ...