VIENNA / WAM The Opec Fund for International Development (the Opec Fund) and the European Bank for Reconstruction and Development (EBRD) are stepping up their delivery of support for development and transition with a new Cooperation Agreement. The institutions signed the document during the World Bank/IMF Spring Meetings in Washington and committed to build a strong pipeline of bankable projects ...

ABU DHABI / WAM ADCB and its Shari’ah compliant digital banking subsidiary Al Hilal Bank have announced an innovative new partnership with Bank of London and the Middle East (BLME) to bring digital UK banking to UAE nationals and residents through Nomo. Customers in the UAE can now open UK-based multi-currency current and savings accounts, as well as apply for ...

LATAKIA / WAM In line with the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, a third UAE aid ship, carrying over 2,000 tonnes, arrived at the Port of Latakia as part of the UAE’s post-quake recovery plan in Syria under “Operation Gallant Knight / 2’’. The Ministry of Defence’s Joint Operations Command announced the largest aid ...