ABU DHABI / WAM The MENA region’s finance elite converged on Abu Dhabi to discuss the region’s role in the global economy and international factors shaping the region’s investment landscape. With the UK’s vote to leave the European Union just starting to set in and a new republican administration in the White House, two of the world’s largest economies …

  ABU DHABI / WAM An AED29.7 million 33/11 kilovolt power station was inaugurated in Tawyeen in the Emirate of Fujairah as part of the Federal Electricity and Water Authority’s (FEWA) plans to meet growing demand for electricity arising from urban, demographic and economic expansion. Mohammed Mohammed Saleh, Director-General of FEWA, said the new 75 MV plant would serve residential …

  Dubai / Emirates Business Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced that the assembly approved the distribution of 45 fils per share as cash dividend for 2016, maintaining the strong return to shareholders since it embarked on a growth agenda three years ago. The assembly also approved the bank’s 2016 financial statements. …