Recent Posts

ADX ranks first in Arab region in terms of market value increase

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has recorded its highest rise in terms of market value and trading value at end of the second quarter of 2022, according to the Arab Monetary Fund (AMF). In its quarterly bulletin on the performance of Arab stock markets issued on Wednesday, the AMF noted that the ADX achieved an ...

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President, VP send condolences to Philippines for quake victims

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of condolences to President Ferdinand Marcos of the Philippines over the victims of the earthquake that struck north Manila which killed and injured scores of people. President His Highness Sheikh Mohamed wished a speedy recovery to the injured. His Highness Sheikh Mohammed ...

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Aldar buys Doubletree by Hilton resort in RAK

  Abu Dhabi / WAM Aldar Properties, through its Aldar Investment business, has announced the acquisition of the beachfront resort, DoubleTree by Hilton Resort & Spa Marjan Island, and an adjacent beachfront development plot for a total consideration of AED810 million. The acquisition adds considerable weight to the company’s hospitality and leisure portfolio, which now has a total of over ...

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