Recent Posts

Adnoc Distribution okays dividend of AED1.28bn

  Abu Dhabi / WAM Adnoc Distribution shareholders have approved a consistent and fully maintained second and final dividend payment of AED1.285 billion (10.285 fils per share) for the year ended December 31, 2021, during the Annual General Assembly Meeting. This dividend payment comes on top of an interim AED1.285 billion (10.285 fils per share) dividend payment for the first ...

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Dubai sees AED6.8b in week-long realty deals

  Dubai / WAM The real estate and properties transactions valued at AED6.8 billion in total during the week ending March 25, according to Dubai Land Department (DLD). The DLD weekly real estate report said that the sum of transactions was 2,461. 330 plots were sold for AED1.65 billion, 1,653 apartments and villas were sold for AED3.42 billion. The top ...

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ADFD funds AED692m projects in Bangladesh

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the government of Bangladesh have enjoyed close relations for more than 40 years. The ties enabled ADFD to drive development in Bangladesh through financing major developmental projects amounting to AED692 million. The initiatives covered sectors such as agriculture, energy, industry, transport and water. Moreover, ADFD also holds a ...

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