DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.45 billion, while value of stocks they sold stood at AED2.43 billion, with net foreign investment on the market reaching AED19 million during the period, as aggregate buy. Value of shares bought by foreigner investors …

  Dubai / Emirates Business As part of the declaration of 2017 as the ‘Year of Giving’ by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Ministry of Finance (MoF), in collaboration with Emirates Red Crescent, organised a donation campaign to aid and support the people of Aleppo at its premises in Abu Dhabi and Dubai.The donation …

  MUSCAT / WAM Petroleum Development Oman (PDO) signed on Thursday a 1.2 $ billion contract to supply piping for its drilling operations through Duqm. The five-year deal with Japanese supplier Sumitomo further includes a new supply yard in the Duqm Special Economic Zone, which will be a logistics centre for materials being delivered to PDO’s drilling locations. The agreement …