ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has announced that Foodco National Foodstuff has listed its shares on the exchange’s Second Market under the trading symbol FNF. It is the first company to be listed on ADX this year. Foodco, which imports and distributes food and consumer staples and provides logistics services, listed 280 million shares with a ...

Abu Dhabi / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), stated that the UAE is continuing to achieve sustainable development and ensure the positive transformation of energy sector, locally, regionally and globally. “This is reflected by the numerous local and regional achievements accomplished by the UAE, which is the first Arab country to operate a peaceful nuclear ...

Bloomberg Oil crept higher, with a demand increase from cold weather the latest addition to a rally that has pushed crude to a 10-month high. Demand could get a boost of at least 1 million barrels a day, Goldman Sachs Group Inc said, as frigid temperatures in Asia and Europe sent other energy markets soaring. In Japan, power generators have ...