ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Rosneft plans higher dividend as Russia seeks more funds
Bloomberg Rosneft OJSC, Russia’s largest oil producer, plans to increase its dividend as the government seeks more funds from state corporations to bolster public finances. The company board has recommended increasing the payout to shareholders to 35 percent of its 2015 profit, or 11.75 rubles a share. The dividend would amount to 124.5 billion rubles ($1.87 billion) and represents …
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