ABU DHABI/ WAM The Central Bank of the UAE (CBUAE) joined the “AFAQ” Payments System, which is operated by the Gulf Payments Company (GPC) and owned by the GCC Central Banks. AFAQ, a system linking payment systems in GCC countries, offers the service of executing financial transactions in local currencies to customers in the GCC countries in real-time with lower …

ABU DHABI/WAM Abu Dhabi Airports, the operator of five commercial airports in the emirate of Abu Dhabi, revealed today the establishment of an exchange programme with Shanghai Airport Authority (AVINEX), that recognises common interests between the two parties, as well as capitalising on opportunities of collaboration in the aviation sector. The agreement was announced through a Memorandum of Understanding (MoU) …

DUBAI / WAM The activities of the “Arab Plast 2023” exhibition, the largest plastics and petrochemicals exhibition in the Middle East and North Africa, begins today at the Dubai World Trade Centre, with the participation of the industry’s main players from the GCC, regional and international petrochemicals and plastics manufacturers, The event, which is held under the patronage of Sheikh …