Recent Posts

Adnoc Distribution approves $350m interim cash dividend for H1

ABU DHABI/WAM Adnoc Distribution on Monday announced that the Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2024, equivalent to 10.285 fils per share, underscoring the company’s commitment to delivering consistent and attractive returns to its shareholders. The deadline for purchasing shares to qualify for the interim dividend payment is ...

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Sharjah Ruler issues laws on property leasing, Rental Dispute Centre

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No. (5) of 2024 on Property Leasing in the Emirate of Sharjah. H.H. the Ruler also issued Law No. (6) of 2024 on the establishment and organisation of the Rental Disputes Centre (RDC) in the Emirate of Sharjah.

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Bayanat name changed to Space42: ADX

ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) announced on Monday that the name of “Bayanat AI PLC” will be officially changed to “Space42 PLC”, following its merger with Al Yah Satellite Communications Company PJSC, set to commence on 1st October, 2024. In a circular issued on Monday, ADX said that trading of the new shares of Bayanat AI PLC (resulting ...

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