ABU DHABI / WAM The Board of Executive Directors of the Arab Monetary Fund on Thursday held its 181st meeting to discuss activities in the first quarter of 2016 as part of its five-year strategy 2015-2020 for lending. The board also discussed the activities of the fund’s technical teams working in some Arab countries on carrying out agreed reform …

  DUBAI / WAM Awqaf and Minors Affairs Foundation (AMAF) in Dubai and the Khalaf Ahmed Al Habtour Foundation for Charity (KAHF) signed an awqaf investment partnership contract to build a residential commercial building for endowment. Revenues earned from the building will be allocated to the Umom Al Kheir Bank, run by AMAF. KAHF will provide full funding for the project, …

  Dubai / WAM Dubai-based Drydocks World, an international service provider to the shipping, offshore, oil, gas, and energy sectors, won the Offshore and Energy category at the Lloyd’s List Middle East and Indian Subcontinent Awards, presented in a ceremony at the Palazzo Versace Hotel in Dubai. The Lloyd’s List Awards reward innovative ideas and concepts that have pushed the boundaries …