Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Monday that it has successfully completed a placement to institutional investors of 1.25 billion shares in Abu Dhabi National Oil Company for Distribution PJSC, Adnoc Distribution, which are listed and traded on the Abu Dhabi Securities Exchange (ADX). This represents 10 percent of Adnoc Distribution’s total share capital. ...

Bloomberg Saudi Aramco is once again the world’s most valuable company after its market capitalization rose a shade above Apple Inc. amid a slump in US technology shares. The state oil giant’s stock gained 1.1% in Riyadh this month, despite Brent crude dropping 12% to below $40 a barrel as concerns about an acceleration in coronavirus infections mount. Meanwhile, Apple ...

Abu Dhabi / WAM The Ministerial Development Council, under the chairmanship of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, adopted the public and private school calendar for the next three years, to strengthen the national education system. The decision will establish a clear and detailed timeline of school days and holidays, to ...