DUBAI / WAM Union Properties on Monday announced that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED946 million debt with the bank along with payment of the initial amount as per the new terms. This agreement with Emirates NBD, as the main creditor of Union Properties, will substantially improve the debt ...

Ajman / WAM Ajman’s Department of Economic Development (DED) received four new ISO certificates, namely ISO 22301 for Business Continuity, ISO 45001 – Occupational Health & Safety, ISO 14001 – Environmental Management System and PAS 99 Integrated Management Systems. On this occasion, Ali Eissa Al Nuaimi, Director-General of DED, said in a statement that DED seeks to develop working systems, ...

Dubai / WAM Nasdaq and Dubai Gold & Commodities Exchange (DGCX) on Monday announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as market intelligence, market surveillance and ...