NEW DELHI / WAM The UAE continues to be the second most important export destination for India, according to annual trade figures released by the Ministry of Commerce and Industry. The US and the UAE retained the first and second places respectively in this category during the financial year 2022-23, the ministry’s figures showed. The figures for the year were ...

VIENNA / WAM The Opec Fund for International Development (the Opec Fund) and the European Bank for Reconstruction and Development (EBRD) are stepping up their delivery of support for development and transition with a new Cooperation Agreement. The institutions signed the document during the World Bank/IMF Spring Meetings in Washington and committed to build a strong pipeline of bankable projects ...

ABU DHABI / WAM ADCB and its Shari’ah compliant digital banking subsidiary Al Hilal Bank have announced an innovative new partnership with Bank of London and the Middle East (BLME) to bring digital UK banking to UAE nationals and residents through Nomo. Customers in the UAE can now open UK-based multi-currency current and savings accounts, as well as apply for ...