ABU DHABI / WAM UAE twin bourses hit a three-week high, as Abu Dhabi’s FTSE ADX General picked up 0.50 percent to close at 10,019.200 pts, and heavyweight real estate shares led wider gains in Dubai equities pushing DFMGI 0.925% higher to 3,462.780 pts. In the capital, 18,017 trades were conducted with a share turnover of AED2,153,686,949 over 584,030,635 ...

  DUBAI / WAM Salik Company announced that it has increased the number of shares offered in Salik’s Initial Public Offering (IPO) from 1,500,000,000 ordinary shares to 1,867,500,000 ordinary shares, which would result in an increase in the Offer Size from 20.0% to 24.9% of Salik’s share capital, with the Government of Dubai continuing to own 75.1% of Salik’s existing ...

  ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) organised a media forum for local radio and television broadcasters from across the UAE at the Mandarin Oriental Hotel in Dubai. The meeting, which was held under the slogan “Partners in Responsibility”, was organised to enhance understanding and coordination with members of the media, who play a ...