ABU DHABI / WAM The UAE condemned the terrorist attack that targeted the presidential palace in Afghan capital, Kabul, while Dr Mohammad Ashraf Ghani, President of Afghanistan, performed his constitutional oath on Monday. In a statement, the Ministry of Foreign Affairs and International Cooperation affirmed UAE’s utter condemnation of such criminal acts and firm rejection of all forms of violence ...

DUBAI / WAM The shareholders of Mashreq Bank have approved to distribute 40 percent of the bank’s paid-up capital as cash dividends for fiscal year 2019. The distribution of cash dividends stands at AED4.00 per share, amounting to AED710.123 million ($193.3 million), according to the company’s disclosure to Dubai Financial Market (DFM), on Tuesday. During the ordinary general meeting, the ...

VIENNA / WAM The Opec Fund for International Development (Ofid), and the Arab Bank for Economic Development in Africa (Badea), signed a new agreement to strengthen cooperation in common partner countries. During past four decades, the Opec Fund and Badea have collaborated on 240 development operations in sub-Saharan Africa. The two institutions have between them contributed equally to development financing ...