ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has listed mandatory convertible bonds worth AED390 million, that were issued by Abu Dhabi National Insurance Company (ADNIC), as shares of the company. ADNIC had issued the bonds at a fixed interest rate of 7.5 percent per annum. ADX said the issuance of the dirham-denominated convertible bonds was part of ...

  AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) organised the 4th edition of its annual Ramadan Diplomatic Forum aimed at enhancing economic cooperation and trade exchange. A number of ambassadors, consuls-general and representatives of business offices from different Arab and other countries attended the forum held at the Asateer Tent, Atlantis The Palm, in Dubai. Mohammed ...

  Dubai / WAM The Emirates Nuclear Energy Corporation (ENEC) and its operating subsidiary, Nawah Energy Company (Nawah), commemorated the move to new headquarters in Masdar City with an inaugural ceremony attended by the top management and employees from across both companies. The move to Masdar City has a clear synergy for ENEC’s mission and vision to deliver safe, clean and ...