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20,000 families benefit from UAE grant to support UN plan in Yemen: UNHCR

ADEN / WAM The UAE grant to support the ‘Yemen: Humanitarian Response Plan 2018’ of the UN has benefitted over 20,000 Yemeni families, the United Nations High Commissioner for Refugees, UNHCR, has said. The remarks came during a meeting between Saeed Al Kaabi, UAE Humanitarian Operations Director for Yemen, Ayman Gharaibeh, UNHCR’s Representative to Yemen, and Jacqueline Parlevliet, Head of ...

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ADGM, Al Hilal Bank tie up to promote Islamic finance

Abu Dhabi / Emirates Business Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE. The Memorandum of Understanding (MoU) was signed by Alex Coelho, Chief Executive Officer at Al Hilal Bank, and Richard Teng, Chief ...

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Amlak Finance profit hits AED10.4mn in H1

Dubai / Emirates Business Amlak Finance PJSC, a leading specialised Islamic real estate financier in the Middle East, announced its financial results for the first half ending 30 June 2018. Amlak reported net profit attributable to equity holders of AED10.4 million in H1 2018, an increase of 2% compared to AED 10.2 million for the same period last year. The ...

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