Vienna / WAM The Opec Fund for International Development (OFID) signed an $80 million loan agreement with the African Export-Import Bank (Afreximbank) to finance international trade directly among corporates or through financial intermediaries. The Opec Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors such as agriculture, ...

Dubai / WAM In the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE government announced the launch of the UAE Railways ...

Dubai / WAM DP World’s flagship Jebel Ali hub including Jebel Ali Port and Jebel Ali Free Zone (Jafza) will highlight the growth prospects in the sector and their competitive offerings with their participation in the 15th edition of Gulf Petrochemicals and Chemicals Association (GPCA) Annual Forum from December 7-9. The forum serves as a vital platform for the chemical ...