Dubai / WAM The Dubai Financial Market (DFM) announced on Monday that it has completed cash dividend distribution for the financial year 2018, with AED12.2 billion of dividends disseminated to 336,215 investors. DFM managed the dividend distribution process on behalf of 35 listed companies and investors received their dividends via iVESTOR Card as well as bank transfer. Commenting on the ...

Bloomberg Oil pushed higher as Iran’s threats to retaliate over a seized crude tanker and problems with a North Sea pipeline kept investors wary of potential supply disruptions. Futures gained as much as 1.7 percent in New York on Monday. European powers urged Iran to reverse its decision to breach the levels of uranium enrichment permitted under the 2015 nuclear ...

DUBAI / Emirates Business A high-level delegation of government officials and industry leaders from the United Arab Emirates will participate at the second edition of the Global Manufacturing and Industrialisation Summit (GMIS) which is going to be held in the Russian City of Yekaterinburg from July 9 to 11. The move reaffirms the UAE’s commitment to the deployment of new ...