Vienna / WAM The Director-General of the OPEC Fund for International Development (OFID), Suleiman J Al-Herbish, and the Egyptian Minister of International Cooperation, Dr Sahar Nasr, have signed a US$40 million loan agreement to support small enterprises amongst marginalized groups in the country. The OFID loan will finance a second phase of the Social Development Fund (SFD) lending program. SFD …

  Emirates Business Etihad Airways on Tuesday officially opened its new First and Business Class Lounge within the Tom Bradley International Terminal at Los Angeles International Airport (LAX). Building on a growing global reputation for product innovation and development, the lounge reflects a commitment to delivering exceptional hospitality experiences for First and Business Class guests departing on Etihad Airways’ daily …

Abu Dhabi / Emirates Business Abu Dhabi Department of Economic Development (ADDED) closed 43 commercial establishments in Abu Dhabi and Al Ain in the first half of this year as they violated regulations of practicing commercial activity as per Law No. 02 of 2009 establishing ADDED, and Resolution No. 25 on regulating commercial activities and issuing commercial licenses. Mohamed Munif …