DUBAI / WAM Nasdaq Dubai announced the launch of futures trading on the MSCI UAE equity index on Tuesday, in its latest expansion of the futures market. In a press statement, the exchange explained that the contracts are designed to appeal to international and regional investors seeking exposure to leading UAE companies. Robert Ansari, Executive Director – Head of the ...

DUBAI / WAM Dubai Chamber of Commerce and Industry on Tuesday hosted a high-level Kiribati delegation led by the country’s President Taneti Maamau, in an effort to enhance bilateral relations and explore new avenues of economic cooperation. During a meeting at Dubai Chamber’s headquarters, Maamau expressed his intention to open up Kiribati’s economy and establish new partnerships in several sectors ...

Abu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, said that the UAE, Saudi Arabia and Oman are currently researching a possible extension to the Gulf gas network, by integrating the gas lines between the three countries with the Gulf electricity grid network, and then connecting it to Kuwait and Bahrain, which will ...