PRESS RELEASE: BY BHM CAPITAL ON OCT 30, 2023 BHM Capital Appointed as Liquidity Provider for Waha Capital PJSC Dubai, United Arab Emirates, October 30th, 2023 – BHM Capital, a prominent player in the United Arab Emirates capital markets, has been selected as the Liquidity Provider for Waha Capital PJSC (ADX:WAHA), an esteemed investment management…
BASED ON PRESS RELEASE: OCT 30, 2023 03:02:28 PM Salik Company P.J.S.C. Partners with Arabian Automobiles Company to Enhance Customer Experience Dubai, October 30, 2023 – Salik Company P.J.S.C., the exclusive toll gate operator in the Emirate of Dubai, has forged a strategic partnership with Arabian Automobiles Company, the flagship entity of the AW Rostamani…
PRESS RELEASE : OCT 30, 2023 08:55:03 PM Dubai Financial Market Reports Strong Performance in First Nine Months of 2023 Dubai, October 30, 2023 – The Dubai Financial Market (DFM) has released its consolidated financial results for the period ending September 30, 2023, showcasing robust performance and substantial growth across various metrics. Key highlights include…
Market Update: Key Developments in the UAE Stock Market 1. Weekly Performance Recap:The Abu Dhabi Securities Exchange (ADX) experienced a slight decline of 0.4% last week, as investors exercised caution amidst heightened regional tension. However, some stocks, including Burjeel, Palm Sports, CBI, Sharjah Cement, and ESG, demonstrated strong performance. 2. Financial Highlights: 3. Market Movements…
PRESS RELEASE : 28 Sep 2022 Abu Dhabi Securities Exchange (ADX) and Muscat Securities Market (MSX) Strengthen Partnership In a significant move towards fostering closer ties and exchanging experiences, the Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) have signed a memorandum of understanding (MOU). The MOU, signed during the visit of…
Based on Press Release : BY EMIRATESNBD ON OCT 26, 2023 09:13:02 AM Emirates NBD Reports Record Profit and Strong Business Performance in 2023 Emirates NBD, a leading banking institution in the UAE, has achieved remarkable financial results in the first nine months of 2023, with its profit surging by an impressive 92% to AED 17.5…
Based on PRESS RELEASE: BY SALAM_BAH ON OCT 26, 2023 09:11:01 AM Al Salam Bank Introduces Innovative MSME Solutions in Partnership with Leading Service Providers In a move to provide innovative and client-centric financial solutions while upholding Environmental, Social, and Governance (ESG) goals, Al Salam Bank has announced strategic partnerships with leading service providers to…
Unlocking Success: Sukoon Insurance’s Guarantee Elevates ASCANA’s Rating In the dynamic landscape of insurance, trust and reliability are paramount. Companies strive not only to meet but exceed expectations, ensuring that their clients feel secure and supported. Such is the case with Sukoon Insurance, formerly known as Oman Insurance Company, and its subsidiary, Arabian Scandinavian Insurance…
Abu Dhabi, UAE – October 04, 2023: Driving Toward Sustainability: ADNOC Distribution’s Latest Biofuel Initiative In a significant move toward environmental sustainability, ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced a groundbreaking initiative to power its heavy vehicle fleet with B20 biofuel. This innovative step aims to achieve a 15% reduction in…
ADNOC Distribution Announces Interim Dividend for 2023: A Testament to Growth and Commitment to Shareholders Abu Dhabi, UAE – September 26, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s leading fuel and convenience retailer listed on the Abu Dhabi Securities Exchange (ADX), has declared an interim dividend of $350 million (AED1.285 billion) for the…