Abu Dhabi / WAM Abu Dhabi Ports Group (AD Ports Group), a leading facilitator of trade and logistics, has appointed a consortium of Jordan’s Dar Al Omran and Maisam Group to develop the masterplan for the Marsa Zayed mega-project in Aqaba, in the Hashemite Kingdom of Jordan. The appointment follows AD Ports group’s signing of multiple agreements with Aqaba Development ...

  DUBAI / WAM Dubai Financial Market Company announced its consolidated financial results for the first quarter of the year ending March 31, posting a 17% increase in its net profit to AED27.5 million, compared to AED23.4 million during the corresponding period of 2021. The company’s total consolidated revenue has increased by 7% to AED78.6 million in Q1 of 2022 ...

  DUBAI / WAM Nasdaq Dubai, the region’s international financial exchange, on Friday welcomed the listing of a $1.6 billion sukuk by the Islamic Development Bank (IsDB). The first public Sukuk issuance from IsDB in 2022 strengthens its position as the largest supranational institution issuing sukuk on Nasdaq Dubai with a total value of $18.04 billion currently listed through 13 ...