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Al Ansari approves AED300 million cash dividend for H2 2023

DUBAI/ WAM Al Ansari Financial Services PJSC (Al Ansari), one of the leading integrated financial services groups in the UAE, held its Annual General Assembly Meeting in Dubai, to consider and approve key resolutions. The shareholders approved the financial statements for the year ended 31 December 2023, a recommendation by the Board of Directors to distribute a cash dividend of ...

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Tabreed approves record high dividend payment for FY 2023

DUBAI / WAM Tabreed, the UAE’s leading international district cooling company, held its Annual General Assembly (AGA), during which shareholders approved a record high dividend payment of 15.5 fils per share, paid fully in cash. As disclosed in the company’s recent full-year results for 2023, this represents an increase of 15% over the previous year and recognises Tabreed’s strong financial ...

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UAE’s industrial exports have grown by AED70b in 3 years: Sultan Al Jaber

ABU DHABI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, affirmed that, since its establishment, the Ministry of Industry and Advanced Technology (MoIAT) launched numerous strategic initiatives and programmes to empower the national industrial sector as well as enhance the business environment and industrial competitiveness. In a statement to the Emirates News Agency (WAM), ...

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Under patronage of Sheikh Mansour, GAIAE to host conference on cosmological horizons of the Holy Quran

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the General Authority of Islamic Affairs and Endowments (GAIAE) will organise an academic conference, titled “The Holy Quran, Cosmological Horizons, and the UAE’s Efforts in Serving It”, from March 24-25. The conference will ...

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Hamed bin Zayed honours KU professor for efforts leading to El-Maarry asteroid naming by IAU

ABU DHABI / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Khalifa University Board of Trustees, has acknowledged the contributions of Dr Mohamed Ramy El-Maarry, for having an asteroid named after him and his contributions to the field of astronomy. Dr El-Maarry, Director of the Space and Planetary Science Group and Associate Professor of Earth Sciences, was ...

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Abu Dhabi’s industrial sector sees 51% rise in licences

ABU DHABI / WAM New data from the Abu Dhabi Chamber shows a surge in industrial licensing within the emirate (excluding free zones). During 2023, the number of new licences issued jumped 51 percent, reaching 363 by year’s end. This remarkable growth reflects Abu Dhabi’s rise as a regional industrial powerhouse. The launch of the Abu Dhabi Industrial Strategy, spearheaded ...

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