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UAE welcomes signing of the constitutional declaration in Sudan

ABU DHABI / WAM The United Arab Emirates has welcomed the signing of a constitutional declaration between the military and main opposition coalition in the brotherly nation of Sudan. A statement issued by the Ministry of Foreign Affairs and International Cooperation said that the signing of the agreement between the representatives of the two sides, “is the cornerstone for achieving ...

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AED3.2m Noor Fund to promote Islamic finance

AJMAN / WAM Ajman University and Noor Bank have launched an AED3.2 million waqf (endowment) initiative to promote the Islamic banking and finance industry in the UAE. The move followed a landmark agreement signed between the two parties to establish the Noor Fund for Educational Solidarity that provides, in perpetuity, an endowed professorship and four scholarships in Islamic Banking and ...

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Emirates Global Aluminium begins bauxite ore exports from Guinea

DUBAI / WAM Emirates Global Aluminium (EGA) on Monday announced the first exports of bauxite ore from Guinea Alumina Corporation (GAC) its mining project in the Republic of Guinea in West Africa, marking the completion of EGA’s strategic expansion upstream in the aluminium value chain to create an integrated global aluminium giant. The GAC project, and Al Taweelah alumina refinery, ...

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