Dubai / WAM Dubai Electricity and Water Authority (Dewa) started trading on the Dubai Financial Market (DFM) on Tuesday under the ticker symbol “Dewa”. After pricing its shares last week at AED2.48 per share, Dewa opened the day’s trading as the largest company on the DFM, with a market capitalisation of AED124 billion ($33.8 billion). Dewa sold 9 billion ...

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Embassy of Rwanda in Abu Dhabi have discussed trade cooperation and economic partnerships between businesses in both countries. This came during the visit of the ambassador of Rwanda to UAE, Emmanuel Hategeka and the accompanying delegation to the chamber, where they were received by ...

Abu Dhabi / WAM Dr Abdulrahman bin Abdullah Al Hamidy, Director-General and Chairman of the Board of Executive Directors of the Arab Monetary Fund (AMF), has said that the Buna Payment Platform is the first Arab regional payment system that complies with universal standards. The platform allows payments in six currencies, including in four Arab currencies, the Emirati dirham (AED), ...