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DUBAI / WAM Dr Zamir Iqbal, Vice President Finance and Chief Financial Officer of the Islamic Development Bank (IDB) rang the market-opening bell on Tuesday to mark the listing of a $1.25-billion Sukuk on Nasdaq Dubai, the region’s international financial exchange. The listing supports the economic development and social advancement goals of IDB, an AAA-rated multilateral institution, whose activities include …

SHARJAH / WAM The Bank of Sharjah announced its financial results for the nine months ending on September 30. Total assets reached AED33,059 million, an increase of 27 percent over the corresponding September 30, 2016, figure of AED26,128 million. When compared to the December 31, 2016, figure, Total assets increased by 22 percent from AED27,097 million. Net profit for the …

ABU DHABI / WAM As the UAE progresses steadily with its peaceful nuclear energy programme, the nation continues to work closely with international experts to ensure the highest levels of nuclear quality and safety. This international collaboration has been an essential part of the programme throughout, and is a key feature that all new nuclear energy projects around the world …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …