Dubai, UAE -- Dubai Taxi Company Monday announced its intention to proceed with an Initial Public Offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). In a statement on Monday, the company said that 624.750 million shares, each with a nominal value of...
Dragon Oil extends Turkmenistan contract for 10 more years
The Cheleken complex, located in the East Caspian Sea in Turkmenistan, is the main producing asset of Dragon Oil.
Dubai approves Savings Scheme for foreign employees in Govt
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved on Wednesday the launch of the "Savings Scheme for Foreign Employees in the Government of Dubai" to enhance the end-of-service benefits system. The Scheme will be supervised by the Dubai International...
Empower to buy DXB assets
The deal is valued at AED1.1 billion ($300 million).
