Monday , 18 May 2026

Recent Posts

ADX hosts region’s 1st initial offering period for US-based ETF

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) Group on Thursday announced hosting the region’s first initial offering period (IOP) for a US-based ETF, followed by the cross-listing of the KraneShares Wahed Alternative Income Index ETF (KWIN). This milestone underscores ADX’s continued innovation in expanding access to global investment products and enhancing market accessibility for investors. The IOP …

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UAE’s transport, supply chain system continues to operate efficiently: Minister

ABU DHABI / WAM Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure and Chairman of the Supply and Transport Committee, affirmed that the UAE’s transport and supply chain system continues to operate efficiently and steadily, supported by an integrated national approach based on proactiveness, integration, and future readiness. Al Mazrouei said, “The continuity of the transport and supply chain …

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Borouge delivers resilient Q1 2026 net profit of $156 million

ABU DHABI / WAM Borouge Plc announced a resilient financial and operational performance for the first quarter of 2026, delivering revenue of $1.2 billion, adjusted EBITDA of $343 million and net profit of $156 million despite current regional developments and logistics challenges. The company’s results were underpinned by strong operational execution, delivering 1.21 million tonnes of production at 98 percent …

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