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ADFD allocates AED1.2 billion for 18 development projects in Afghanistan

ABU DHABI / WAM Spanning crucial sectors, such as agriculture, housing, energy, transport, industry and health as well as social services, to date, the Abu Dhabi Fund for Development (ADFD) has allocated AED1.2 billion in Abu Dhabi government grants and concessionary loans to 18 development projects in Afghanistan. According to an ADFD country report marking Afghanistan’s Independence Day on August ...

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DGCX to launch region’s first Shariah-compliant spot gold contract

DUBAI / WAM The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Shariah-compliant spot gold contract to be traded on an international exchange. The partnership enables both entities to increase their presence in the Saudi Arabian and wider GCC Islamic ...

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Sharjah FDI Forum to discuss investment trends

SHARJAH / wam The Sharjah FDI Forum 2017 will host a series of panel discussions conducted by regional and international investment experts. The annual foreign direct investment (FDI) event is held under the patronage of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Taking place on September 19 and 20, the third Sharjah ...

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