ABU DHABI / WAM Borouge, a leading petrochemical company that specialises in innovative and distinctive polyolefin solutions, held its inaugural Annual General Meeting (AGM) on Monday. Shareholders voted to approve a final dividend of $650 million for the fiscal year 2022, approximately 7.9 fils per share, which brings the total post-IPO dividend paid (June-December 2022) for the year to $975 ...

ABU DHABI / WAM Iva Hamel, the World Bank Representative in the UAE, has praised the UAE for being the most progressive country in the Middle East and North Africa in terms of women’s empowerment. She commended the UAE’s commitment to supporting women’s role in the community and increasing their economic opportunities. In her statement to WAM, Hamel said that, ...

ABU DHABI / WAM Adnoc Gas stocks increased their gains and capital profits to more than AED33.8 billion on the first day of trading after the company’s initial public offering (IPO) at the Abu Dhabi Securities Exchange (ADX). The company’s market capital rose from AED181.9 billion to AED215.6 billion by the end of Monday’s trading session, closing at AED2.81 per ...