ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), announced that it has succeeded in achieving a compliance rate of 94 percent regarding the disclosure of the annual preliminary financial reports 2018 of its listed public joint stock companies within the deadline of 45 days from the end of the financial period. 61 out of 65, local and foreign, public ...

Bloomberg Saudi Arabian Military Industries and France’s Naval Group SA entered a joint venture (JV) to develop vessels in the kingdom, which seeks to promote local manufacture of armaments. The Saudi government-backed firm will hold a 51 percent stake and the French naval defense company will have the rest. The new company will develop, engineer and manufacture frigates, corvettes and possibly ...

DUBAI / WAM National Bank of Fujairah (NBF), announced that it received three accolades at The Gulf Employee Experience Awards in recognition of its outstanding HR management. The bank received the “Overall Experience” award for the best entry, “Employee Engagement and Happiness” award and the “Employee Insight and HR Metrics” award while ranking second in the “Employee Empowerment” award. Last week, ...