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Taqa to conduct review of its global oil, gas business

ABU DHABI / Emirates Business Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utility companies in the region, announced that it has initiated a strategic review of its oil and gas operations. Since 2005, Taqa has built a high-quality portfolio of upstream and midstream operations in the UK North Sea, the Netherlands, Canada and the ...

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ADX to launch derivatives market

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced on Wednesday that it has taken a key step towards launching a derivatives market this year by signing an agreement with Nasdaq (Nasdaq: NDAQ) to deliver marketplace technology solutions, including matching, real-time clearing and settlement technology. ADX is rapidly expanding asset classes and developing new offerings for both regional and ...

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Dubai’s DMCC registers 204 new firms in August

Dubai / WAM DMCC, a Free Zone and Government of Dubai Authority on commodities trade and enterprise, on Wednesday announced it recorded its best August on record since its establishment in 2002, with 204 new member companies registered, and best eight-month performance in seven years. This builds on the business district’s record-breaking success in recent months, with a strong performance ...

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