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AUBL to launch ops at Dubai Int’l Financial Centre

DUBAI / WAM Dubai International Financial Centre on Wednesday welcomed Ahli United Bank Limited (AUBL), a 100 percent subsidiary of Ahli United Bank B.S.C., as the first bank in the GCC region to receive the Category 1 license from the Dubai Financial Services Authority (DFSA). On opening the new quarters of the bank in DIFC, Essa Kazim, Governor of DIFC, ...

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UAE’s non-oil trade with Australia reaches US$2bn

ABU DHABI / WAM The UAE’s non-oil trade with Australia stood at US$2 billion in the first nine months of 2015, making Australia one of its major strategic trading partners, Sultan bin Saeed Al Mansouri, Minister of Economy, said during a meeting with Australian Ambassador to the UAE, Arthur Spyrou, on Wednesday. He said there were 48 Australian companies, 60 ...

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Ministry approves AED12mn marriage fund

ABU DHABI / WAM The Ministry of Community Development has approved the order for payment of the 1st batch of the Marriage Fund’s grant for the current year. A total of 358 recipients will benefit from the grant, with a total amount exceeding AED12 million. The money allocated for each beneficiary has been transferred to their bank accounts, and an ...

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