Dubai / WAM RAKBANK announces the arrangement of a three-year US$10mn medium term loan facility to DFCC Bank PLC, a leading financial institution in Sri Lanka. DFCC Bank secured the loan for general expansion of its Offshore Banking Unit (FCBU). The loan facility was recently signed at DIFC. Attending the ceremony were Lakshman Silva, DFCC Bank Deputy Chief Executive Officer, …

  Dubai / WAM The Ministry of Community Development launched a contest to design the best innovative educational tools and applications for people with disabilities as part of the ministry’s programme for UAE Innovation Week 2016. The contest was announced at a ceremony at the Ministry’s Dubai office which was attended by Sana Mohammed Suhail, Under-Secretary of the Ministry, along with …

  Dubai / WAM Dubai will launch the US$27 billion Green Energy Fund to support local, national and international projects, according to the Third Dubai Declaration issued at the conclusion of the World Green Economy Summit (WGES) on Thursday. The third edition of the WGES, organised under the theme of “Driving Global Green Economy”, gathered more than 80 prominent speakers from …