RAS AL KHAIMAH / WAM RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company’s annual general meeting due to be held on March 12th 2016. …

DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, and Christine Lagarde, Managing Director of the International Monetary Fund (IMF), discussed on Wednesday a variety of regional and global economic and financial developments and ways to stimulate growth in developing countries. Sheikh Hamdan and the IMF chief also explored best …

Dubai / WAM The Zayed Housing Programme (ZHP) has approved the names of 614 UAE nationals entitled for housing loans and grants worth AED309 million. Of these beneficiaries, 531 will receive loans, while 83 others will receive housing grants. This came during the Board of Directors’ second meeting in 2016 chaired by Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister …