DUBAI / WAM The National Bank of Fujairah (NBF) has successfully closed a single currency term and letter of credit syndicated transaction totalling $100 million to support Pure Cement LLC in the construction of a clinker production unit with a capacity of 6,500 tonnes per day (TPD), and an 8.5 MW Waste Heat Recovery-based captive power plant. With a total …

DUBAI / WAM Al Etihad Payments, a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE’s of the national card switch (UAESWITCH) and the UAE’s domestic card scheme “Jaywan”, and Visa, on Monday announced their agreement to jointly introduce “Jaywan- Visa” debit and prepaid cards in the UAE. This co-badging partnership between Al Etihad …

SHARJAH/WAM The Sharjah Ramadan Majlis 2025 convened in Mleiha, focusing on Sharjah’s industrial future and its impact on regional and local economic growth, especially regarding manufacturing. Under the theme “Sharjah: Shaping the Future, Empowering Growth”, the event convened in the presence of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah; Dr. Thani bin Ahmed Al Zeyoudi, …