VIENNA / WAM The Opec Fund for International Development (OFID) is contributing $50 million to support energy security and economic growth in Pakistan via a participation agreement with the International Islamic Trade Finance Corporation (ITFC). The ITFC and other financial institutions will provide the remaining balance of the syndicated amount that will enable Pakistan’s Ministry of Finance, Revenue and Economic ...

DUBAI / WAM To promote ease of doing business and to support its customers Jebel Ali Free Zone (Jafza), the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative that is set to roll out in September of this ...

DHALA / WAM The UAE, represented by its humanitarian arm, the Emirates Red Crescent (ERC), continued sending relief and shelter convoys to the Yemeni governorates. A humanitarian aid convoy arrived on Saturday in Dhala Governorate loaded with food, shelter, tents, blankets, water tanks and mobile toilets to support the needy people in these areas. Local beneficiaries thanked the UAE, and ...