DUBAI / WAM The Dubai Financial Market (DFM) on Sunday introduced equity futures trading, as part of its new Futures Trading Platform, amid unprecedented participation from the brokerage community. This step provides further impetus to DFM’s strategy to diversify product offerings and attract more investments. The DFM has developed a robust regulatory framework, in line with international best practices, creating ...

KHARTOUM / WAM Dr Khalid Abdel Wahhab Al Khajah, Executive Manager of the International and Humanitarian Charity Organisation (IHCO) in Ajman, laid the foundation stone for the building of a new community, named “Al Salam Village”, in Sudan’s River Nile State. The village will see the construction of 200 houses for local people affected by floods that recently swept through ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced on Sunday that it completed repayment of its last outstanding bond of $1.5 billion. The Global Medium Term Note (GMTN) bond that was issued in 2010 matured and has been fully repaid. With this step, Dewa is having Zero debt on its books. Consistent with Dubai’s steady growth, Dewa has ...