Bloomberg The United Arab Emirates denounced Djibouti’s cancellation of DP World Ltd.’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement. “Djibouti government’s seizure of the Doraleh port is regrettable,’’ Minister of State for Foreign Affairs Anwar Gargash wrote on Twitter, in the UAE’s first official response to the cancellation of the Dubai ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has successfully concluded its annual General Assembly Meeting on Sunday at FAB’s head office in Abu Dhabi. During the meeting, the distribution of 70 percent cash dividends — AED0.70 per share — for registered, entitled shareholders for the financial year ended December 31, 2017 were approved. Owners of FAB shares registered ...

BRUSSELS / WAM The UAE has reiterated its commitment to support the G5 Sahel Joint Force, comprising Mali, Chad, Niger, Burkina Faso and Mauritania, to promote development, stability and combat terrorism and extremism. This announcement was made during the participation of a UAE delegation, led by Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, Minister of State ...