DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED1.016 billion, while value of stocks they sold stood at AED1 billion, with net foreign investment on the market reaching AED15.4 million during the period, as aggregate buy. Value of shares bought by foreigner investors …

  Dubai / AFP Dubai-based port operator DP World said on Thursday it has acquired an additional 23.94 percent stake in South Korea’s Pusan NewPort Company, giving it a majority shareholding. The purchase from Samsung Corporation brings to 66.03 percent DP World’s stake in PNC, which operates the largest terminal at the port of Pusan, the company said in a …

  DUBAI / WAM In a bid to strengthen its network of relations with various stakeholders and regional and international entities, the Ministry of Finance (MoF) received a delegation from Kuwait Capital Markets Authority on its premises in Dubai. The visit aimed to review the ministry’s experience in risk management and internal audit in government financial work. Faisal Al Mansouri, …