ABU DHABI / WAM Cash dividends and bonus shares to the tune of AED32.5 billion have been distributed by 79 companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) for Fiscal Year 2016, according to statistics released by the Securities and Commodities Authority (SCA). Distribution of such big gains goes in line with the listed companies’ …

Dubai / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy, said that economic relations between the UAE and Iraq have witnessed unprecedented growth over the past years due to the willingness of the two countries to strengthen their relationship on all levels. “Volume of non-oil trade between the UAE and Iraq reached a relatively high rate at $11 …

DUBAI / WAM The Dubai Financial Services Authority (DFSA), on Monday entered into a Memorandum of Understanding (MoU) with Lebanon’s Capital Markets Authority (CMA). The MoU will enhance information sharing and cooperation on supervisory issues, further extending the existing relationship between the two markets. It also provides the foundation to facilitate the entry of some financial institutions into Dubai International …