Sharjah / WAM Dana Gas received a one-off $42 million (AED154 mm) dividend payment from Pearl Petroleum Company in the Kurdistan Region of Iraq (KRI), the company said in a press release issued on Tuesday. The payment has been distributed as a dividend by Pearl Petroleum (35% ownership by Dana Gas). The payment follows the release of an additional $120 ...

Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), is shedding light on four local projects the Bawabt Liwa Food Industries, Sugar Art Sweets, Liwa Dates Food Industries, and Gracia Farm for Agricultural Crops during its participation in the 13th edition of the Al Dhafra Festival, which aims to highlight the rich culture and heritage of the UAE ...

Bloomberg Stocks and bonds were steady across much of the world alongside US equity futures with trading muted on Christmas Eve. Treasuries nudged higher with the dollar. Shares fluctuated in London and Paris, while they edged lower in Madrid. Markets in Germany and other parts of Europe were closed. Equities ended little changed in Tokyo and Sydney on thin volume, ...