ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, sent cables to King ...

  Abu Dhabi / WAM Shares in Dubai Electricity and Water Authority (Dewa) surged 15.7 percent on their market debut after its $6.1 billion initial public offering (IPO), the region’s biggest since Saudi Aramco’s. The stellar share rises to AED3.00 in early trade, up from the IPO price of AED2.48, before settling at AED2.87, 15.7 percent up, by the end ...

  VIENNA / WAM The Opec Fund for International Development (Ofid) signed a $100 million loan agreement with the government of Morocco to help build an inclusive financial sector as part of broader efforts to modernise the economy and support the kingdom’s recovery from the Covid-19 pandemic. Under the “Financial and Digital Inclusion Programme”, co-financed with the World Bank, the ...