investment
The first transaction involved 505.8 million shares of Modon Holding for AED2.44 billion across six deals at AED4.83 per share
The agency forecasts government spending will remain high at 30 to 32 percent of GDP over the next three years
Issuance supports Aramco’s efforts to diversify and broaden its investor base, further enhance liquidity and re-establish its sukuk yield curve
Brent crude futures climbed by 80 cents, or 1.08 percent, reaching $74.70 a barrel
Global gross written premiums totaled about $6.78 trillion at the close of 2022
The total number of insurance policies written across all types in the UAE surged to 14.6 million
This represents the highest quarterly volume seen in recent years
DFM sees 10.9 percent gain in 2024, leading GCC markets with 4.1 percent monthly growth in September
The overall growth was widespread, driven particularly by significant gains in key indices such as the Financial Index
Deal will further drive the diversification of ADNOC’s chemical portfolio
This translates to AED551 million or 6.6 fils per share
The logistics giant has long operated at the Port of Maputo and recently extended its concession by 25 years, now lasting until 2058
