ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Ruler of Abu Dhabi, in his capacity as Chairman of the Supreme Council for Financial and Economic Affairs, has issued a resolution to form the board of directors of Abu Dhabi National Oil Company (Adnoc), chaired by His Highness Sheikh Mohamed bin Zayed Al Nahyan. The board ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has approved the distribution of 74 percent cash dividends (AED 0.74 per share, implying total cash dividends of AED8.08 billion) for the financial year ended on December 31, 2020, after concluding its General Assembly Meeting (GAM) on Sunday. Registered owners of FAB shares as on March 10, 2021 (i.e. buyers on ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre located in Abu Dhabi, announced on Sunday that it has enacted the Electronic Transactions Regulations 2021. The objective of these Regulations is to confirm that electronic signatures, contracts, records and documents are legally enforceable in ADGM as the traditional non-electronic (that is, physical) versions. The need ...