Yahsat approves interim dividend of AED204.94 million for H1

ABU DHABI: The Board of Directors of Al Yah Satellite Communications Company (Yahsat) has approved the distribution of interim dividends of 8.40 fils per share for the first half of 2024.

In a disclosure to the Abu Dhabi Securities Exchange (ADX) on …

DMCC, Bybit launch $100,000 Web3 hackathon

DUBAI: The Dubai Multi Commodities Centre (DMCC) and the global crypto exchange Bybit have launched their second joint hackathon with US$100,000 on offer for the most innovative Web3 businesses. This latest hackathon follows the success of their first…

ADX welcomes listing of $1 billion Masdar green bonds

ABU DHABI: Abu Dhabi Securities Exchange (ADX) today welcomed the listing of US$1 billion in green bonds issued by Abu Dhabi Future Energy Company (Masdar) in two tranches.

According to ADX data, the first tranche of the bonds is valued at $500 milli…

El-Sisi visits UAE’s pavilion at Egypt International Airshow

NEW ALAMEIN: President Abdel Fattah El-Sisi of the Arab Republic of Egypt toured the UAE pavilion at the Egypt International Airshow 2024, which commenced today in its inaugural edition in New Alamein City.

The expo features participation from 100 co…