ABU DHABI / WAM The Dubai Financial Market (DFM) on Sunday launched the Regulated Short Selling (RSS) service following the completion of all regulatory, technical and procedural preparations. The service is part of DFM’s efforts to provide market participants with new tools to further strengthen their trading activities, better utilise their resources, and further enhance market liquidity. The RSS service ...

DUBAI / Emirates Business Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, signed a three-year alumina supply agreement with Vinacomin, a Vietnamese state-owned firm. Under the agreement, Vinacomin will supply EGA with up to 300,000 tonnes of alumina per year. Alumina is the feedstock for aluminium smelters. The deal is the first long-term ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that ministerial work is a responsibility and serving as a minister is a national mission that requires dedication and hard work, in which the minister leads his or her team offering an exemplary model and a source of ...