Bahrain investment firm GFH to pay 6.2% cash dividend for 2023, goes for 10% share buyback.

The Bahrain based investment firm GFH is distributing a 6.2 per cent cash dividend for 2023, a period in which profit totalled $105.22 million from total income of $369.5 million. (The dividend works out to Dh0.06 a share.)  The GFH stock – listed on four GCE exchanges, including DFM and ADX – has been on…

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Qatar condemns attack on Iran’s consulate in Syria.

Iraq, Jordan, Oman, Pakistan, Saudi Arabia, and the United Arab Emirates condemned the attack. Qatar condemned the attack on Iran’s consulate in the Syrian capital of Damascus on Monday, describing it as “a flagrant violation of international law.” “It also considers the attack a flagrant violation of international agreements and conventions and diplomatic norms that criminalise attacks…

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UAE President and King of Jordan Hold Talks on Bilateral Relations and Regional Developments.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan today explored ways to enhance the deep-rooted relations between their countries to advance the aspirations of their peoples towards development and prosperity. They also reviewed a range of regional and international…

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Mohammed bin Rashid issues directives to establish the Dubai Environment and Climate Change Authority.

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued directives to establish the Dubai Environment and Climate Change Authority, to further promote sustainable practices across sectors, preserve biodiversity, and expand natural reserves and green spaces in the emirate. The…

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Dubai: Metro stations illuminate with 20,000 LED lights, help save 16 million kilowatts

Dubai’s Roads and Transport Authority has completed its energy conservation project’s first and second phases. As part of this project, they installed 19,968 energy-saving LED bulbs in metro stations and facilities. This initiative has saved approximately 16.7 million kilowatts of energy within two years, which amounts to Dh7.6 million. Additionally, it has reduced the carbon…

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