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Adnoc Drilling receives approval for $358mn final 2023 dividend

ABU DHABI / WAM Adnoc Drilling Company confirmed shareholder approval of all agenda items at its Annual General Assembly Meeting, including the distribution of its highly attractive final cash dividend for the year ending on December 31, 2023, with $358 million. Commenting on the announcement, Abdulrahman Abdulla Al Seiari, CEO of Adnoc Drilling, said, “In 2023 we made excellent progress ...

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Lunate Capital launches first UAE Bond ETF in UAE, GCC

ABU DHABI/ WAM Lunate Capital Limited, an Abu Dhabi-based investment management firm licenced by the ADGM Financial Services Regulatory Authority (FSRA), and subsidiary of Lunate Holding RSC Limited, announced today the launch of the Chimera JP Morgan UAE Bond UCITS ETF, the UAE and GCC’s first-ever UAE bond Exchange Traded Fund (ETF) that will list on the Abu Dhabi Securities ...

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