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UAE initiatives vital for Yemen’s development

  ABU DHABI / WAM The UAE’s initiatives in Yemen are making a difference in the country’s development and reconstruction, and have enabled fast-paced improvement in the humanitarian situation in areas liberated from the rebels, said Fahad Saeed Al Menhali, Yemeni Ambassador to the UAE. “By all measures, the response of the Emirates Red Crescent (ERC) to the humanitarian situation ...

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Dubai Customs attends Cargo and Personnel Screening conference

  DUBAI / Emirates Business The Cargo and Personnel Screening Conference concluded in Dubai with recommendations from participants to give more focus on better cooperation between customs administrations and more technology to be involved in the screening process. The event was held at the Dusit Thani hotel in Dubai, and was organized by International Quality & Productivity Center (IQPC) in ...

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Africa Finance Corp carries out $150mn Nasdaq Dubai sukuk deal

  DUBAI / WAM Africa Finance Corporation (AFC) has carried out a 150 million US dollar Islamic financing transaction on the Murabaha platform of Nasdaq Dubai, the international financial exchange serving the Middle East and Africa. The transaction was executed to facilitate the issuance by AFC of a 150 million US dollar Sukuk, which was the first US dollar Sukuk ...

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