Recent Posts

Tecom approves AED200m cash dividend for H2 2022

DUBAI / WAM Tecom Group has approved the group’s financial statements for the year ended on December 31 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the Annual General Assembly Meeting ...

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EDB, Hub71 host event to support Abu Dhabi’s leading fintech firms

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...

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Japan needs S Korea to defend against Kim Jong Un’s missiles

BLOOMBERG As Japan and South Korea attempt once again to put their bitter 20th century disputes to rest, it signals a growing recognition in both capitals that their 21st century security may depend on each other. South Korean President Yoon Suk Yeol goes to Tokyo on Thursday trying to end four years of feuding over compensation for Japan’s use of ...

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