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DCCI hosts seminar on ‘letter of credit’ ops

DUBAI / WAM The Dubai Chamber of Commerce and Industry (DCCI) on Thursday hosted a seminar entitled Management of Letter of Credit Operations – the Exporters and Importers Perspective, aimed to bring a new dimension to trade finance by providing a comprehensive overview of obligations and challenges faced by the parties using documentary letters of credit. Conducted by Vincent O’Brien, ...

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Khalifa Foundation sends relief to Somali people

BERBERA / WAM The Khalifa bin Zayed Al Nahyan Foundation began on Thursday the distribution of new emergency relief aid to the Somali families in Berbera, a city in the northwestern Berbera District of Somaliland. The move follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown ...

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Brexit risk puts services firms in crosshairs

Bloomberg From architects and airlines to insurers and accountants, Britain’s services powerhouse has much at stake in Prime Minister David Cameron’s “Brexit” gamble. A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts and trade ...

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