Recent Posts

European stocks bounce back as dollar advances

Bloomberg Stocks rebounded in Europe after their biggest drop in almost two months as Brexit talks continued and the US Senate passed a spending bill. The Stoxx 600 Index was 0.6% higher at the open as cyclicals staged a comeback following an outbreak of a new variant of the virus and a slew of lockdowns and travel curbs to contain ...

Read More »

Adnoc awards Eni, PTTEP first offshore exploration rights

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Monday the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi BV, a wholly-owned subsidiary of Italy’s multinational energy company, and PTTEP MENA Ltd, a wholly-owned subsidiary of Thailand’s PTT Exploration and ...

Read More »

ADX lists Palms Sports on its Second Market

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...

Read More »
Send this to a friend