Abu Dhabi / WAM Adnoc Distribution announced the approval of an interim dividend payment to its shareholders for the first six months of 2020 of AED1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment in what is expected to be a full-year 2020 dividend payment of AED2.57 billion (AED20.57 fils per share), reflecting a ...

Abu Dhabi / WAM The UAE has condemned an attempt by a terrorist cell linked to Iran’s Revolutionary Guard who wanted to launch sabotage operations in the Kingdom of Saudi Arabia. In a statement, the Ministry of Foreign Affairs and International Cooperation hailed the “vigilance, sophistication and efficiency” of the security apparatus in Saudi Arabia and its response to these ...

Dubai / WAM Drydocks World held a steel-cutting ceremony to mark the start of production on Jotun FPSO Fabrication of Turntable Project for Bluewater Energy Services B.V. for end client, Var Energi. According to Drydocks, this Turntable is part of a Turret Mooring System for the Jotun A Floating, Production, Storage and Offloading vessel to be permanently moored and operated ...