Page 27 - Commodities Authority News Today

UAE emirate Ras Al Khaimah has announced plans to launch a dedicated free trade zone for digital and virtual asset companies.

National Bonds to get banks help customers with short-term loans at lower rates

The SIB achieved a record net profit of Dh651 million, an increase of 27%; Total assets increased by 7.6% to reach AED 59.1 billion

The UAE witnessed a 32 per cent year-on-year (YoY) growth in its 2022 green and sustainable finance issuing, a new report by leading consulting firm Arthur D. Little showed.

Abu Dhabi National Oil Company (Adnoc) said on Thursday it has set a price range for an initial public offering (IPO) of its gas unit that could raise up to $2 billion and give Adnoc Gas

ADNOC Gas today announced the offer price range and the opening of the subscription period for its IPO on the Abu Dhabi Securities Exchange (ADX).The price range for the Offering has been set between AED2.25 to AED2.43 per share, implying an equity value of $47.0 billion to $50.8 billion (AED172.7 b ..

· The Board of Directors recommends a cash dividend of AED 134.7 million and proposes a new fixed dividend policy with a minimum of 50% of the profits annually· The 41.7% jump in net profit echoes the strong improvement in trading value to AED 90 billion·

Muscat Stock Exchange (MSX) has formally acceded to the Tabadul platform, the region’s first digital exchange hub, established on the mutual market...

The lender also recorded 13 per cent increase in total assets as it amounted to Dh498 billion as at December 31, 2022 while total customer deposits rose 17 per cent ...

<ul>
<li><i>The Board of Directors recommends a cash dividend of AED 134.7 million and proposes a new fixed dividend policy with a minimum of 50% of the profits annually</i></li>
<li><i>The 41.7% jump in net profit echoes the strong improvement in trading value</i> <i>to AED 90 billion</i></li>
<li><i>DFM’s success as one of the most active markets for IPOs globally undersc...