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ADNIC Shareholders Approve Cash Dividends Of 30% At Annual General Meeting Abu Dhabi National Insurance Company, ADNIC, approved the distribution of 30 percent cash dividends, AED 0.30 per share, implying total cash dividends of AED 144.6 million for the financial year ended 31 December 2019.
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UAE Central Bank To Cut Interest Rates By 75 Basis Points The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to contain the economic repercussions of coronavirus, COVID-19.
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Aldar To Invest AED 2 Million In Abu Dhabi’s First Social Impact Bond By Authority Of Social Contribution - Ma’an The Authority of Social Contribution - Ma’an and Aldar have signed a strategic agreement that will see both organizations address priority social challenges through social contracting.
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UAE Suspends All Flights To And From Italy With The Exception Of Rome The UAE has announced the suspension of all inbound and outbound flights with Italy, with the exception of flights to and from Rome, effective today and until further notice.
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Abu Dhabi non-oil foreign merchandise trade stands at AED 213.3 bn in 2019 The value of non-oil foreign merchandise trade through Abu Dhabi ports amounted to AED 213.3 billion in 2019, according to figures released by the Statistics Centre- Abu Dhabi.
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Khalid bin Mohamed attends first Higher Committee of Digital Government meeting H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, has attended the first meeting of the Higher Committee of the Digital Government.
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Exports through Abu Dhabi ports up 7.7 pct to AED 30.9 bn in Q4 2019 The value of exports through Abu Dhabi ports increased by 7.7 pct from AED28.7 billion in Q4 2018 to AED 30.9 billion in the same period of 2019.
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11 New COVID-19 Cases In UAE: MoHAP The Ministry of Health and Prevention, MoHAP, has announced 11 new cases of the coronavirus, COVID-19, in the UAE on Thursday.
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Following India’s Advisory, UAE Calls Citizens To Refrain From Travelling To India The UAE has called on its citizens to refrain from travelling to India at present time, following recent concerns on the new coronavirus, COVID-19, outbreaks in a number of countries.
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With 39 Percent Share Purchase From Mubadala, OMV To Acquire Majority Stake In Borealis For US$4.68 Billion Mubadala Investment Company and OMV - the international integrated oil and gas company headquartered in Vienna - on Thursday signed an agreement that will give OMV a majority stake in Borealis, one of Europe’s leading petrochemical companies.
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Digital Transformation Heralds A New Era For Al Wathba Insurance Company Al Wathba Insurance Company (AWNIC), UAE’s leading insurance provider, announces that its digital transformation strategy has resulted in a 10% increase in customers in its first year.
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