DUBAI / WAM A Memorandum of Understanding (MoU) has been signed with the Government of Dubai’s Department of Finance (DoF) and Dubai Islamic Bank (DIB), to streamline payments of initial public offering (IPO) subscriptions, the Dubai Financial Market (DFM) announced on Monday. According to the MoU, DIB has become the first bank to enable investors who participate in IPOs …

  ABU DHABI / WAM In an era of unpredictable oil prices, producers who focus on efficiency, value creation, commerciality and excellence will be successful, said Dr Sultan Ahmed Al Jaber, the UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) in his keynote speech at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) …

  Al Ain / WAM The UK-UAE Year of Culture 2017 was inaugurated in a star-studded ceremony at the historic Jahili Fort in the UAE’s inland oasis-city of Al Ain on Monday evening in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, His Royal Highness Prince Charles, …