Commercial Agencies Law approved by FNC

ABU DHABI 19 February 2020: The Federal National Council (FNC), approved two draft federal laws on amending certain provisions of Federal Law No.18 for 1981 that regulates commercial agencies and the country’s strategic food reserves. […]

Etisalat Group reports net profit of Dh8.7 billion

ABU DHABI 19 February 2020: Etisalat Group announced Tuesday its consolidated financial statements for the 12 months ending December 31 2019, reporting consolidated net profit of Dh8.7 billion. According to a company press statement, the […]

Seeds scattered on a day of upsets, Bencic ousted

DUBAI 19 February 2020: Defending champion Belinda Bencic, former two-time winner Elina Svitolina and Australian Open champion Sofia Kenin all failed to survive the opening round of the Dubai Duty Free Tennis Championships on Tuesday. […]

Barakah Nuclear Power Plant to begin operations

ABU DHABI 18 February 2020: The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, yesterday announced it has granted Nawah Energy Company the operating licence for Unit 1 of the Barakah Nuclear […]

DP World to buy-back stock at $16.75 a share

DUBAI 18 February 2020: DP World’s parent company, Port and Free Zone World, has offered to acquire the 19.55 percent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. The […]

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