Recent Posts

Mubadala Petroleum achieves Pegaga gas flow in Malaysia

  ABU DHABI / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia. This milestone marks the safe and successful culmination of a challenging gas project, during a period in which Mubadala Petroleum navigated the challenges of the global pandemic. As a key ...

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ADX adopts FTSE industry classification benchmark

  ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) will adopt FTSE Russell’s Industry Classification Benchmark (ICB) for all its listed equities as part of its strategy to align to global standards and attract more international investors. The introduction of the ICB is part of the transition of ADX indices to the co-branded FTSE ADX index series, under ...

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DIB donates AED3m to Khalifa bin Zayed Al Nahyan Foundation

  Dubai / WAM The Dubai Islamic Bank (DIB) has donated AED3 million to the Khalifa bin Zayed Al Nahyan Foundation, to support the national healthcare services provided by the foundation in 2022. Mohammed Haji Al Khouri, Director-General of the Foundation, lauded the bank’s humanitarian activities and its pioneering social responsibility efforts, as well as its support and sponsorship for the ...

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