ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced on Monday that effective from January 11, 2021, a new securities issuance programme to licensed financial institutions and eligible investors, named Monetary Bills (M-bills) will be introduced. These securities will be auctioned and traded through Bloomberg’s primary and secondary market solutions and settled through a local platform, compliant ...

Abu Dhabi / WAM Following an announcement by the National Crisis and Disaster Management Authority, effective from December 24, Etihad Airways requires all guests flying from the United Kingdom to present a negative PCR test within 72 hours validity of their flight departure time. In a statement on Monday, Etihad said it is the only airline in the world requiring ...