SHARJAH / WAM Dana Gas on Thursday announced that its Board of Directors has approved an interim dividend payment to shareholders for the first six months of 2022 of 4.5 fils per share, equivalent to AED315 million, for distribution by the 21st of October 2022. Hamid Jafar, Chairman of the Board, commented, “Today’s interim dividend announcement reflects our ongoing …

  ABU DHABI / WAM The central banks of Saudi Arabia, Kuwait, Qatar, and Bahrain have decided to raise their interest rates, tracking a hike in the US Fed’s benchmark rate. The move came as the US Federal Reserve raised its benchmark interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday- the biggest increase …

Bloomberg United Airlines Holdings Inc faces potential disruption in one of its most lucrative overseas markets as 300 workers at London’s Heathrow airport begin voting in a strike ballot over pay. The poll of staff employed in operations, customer services and baggage handling will run until October 11, the Unite union said in a statement. United’s UK employees are in …