Vice Custodian of Two Holy Mosques holds talks with US official

JEDDAH, 25th July, 2016 (WAM)-- Vice Custodian of the Two Holy Mosques HRH Prince Mohammed bin Naif bin Abdulaziz stressed today the Kingdom of Saudi Arabia's position in support of the international effort to tackle terrorist organisations, led by Daesh, Saudi News Agency (SPA) has reported.

Jul 26, 2016 12:26:01 AM

Two Saudi pilots killed in helicopter crash in Marib

JEDDAH, 25th July, 2016 (WAM)--The Arab Coalition Forces Command announced today the martyrdom of the two Saudi pilots in the Apache helicopter crash due to bad weather while on mission inside Yemeni territory in Marib.

Jul 26, 2016 12:00:01 AM

ERC renovates, equips Omer Al Mukhtar School in Aden

ADEN, 25th July, 2016 (WAM) -- Emirates Red Crescent (ERC) has rehabilitated the Omer Al Mukhtar School in Sheikh Othman district at the Governorate of Aden, enabling it to resume its educational role.

Jul 25, 2016 11:18:01 PM

DFM Company posts net profit of AED 139.6 Million during first half of 2016

DUBAI, 25th July, 2016 (WAM)--Dubai Financial Market (PJSC) today announced its financial results for the first half of the year ending 30 June 2016, recording a net profit of AED 139.6 Million, compared to AED 200 Million during the corresponding period of 2015, a 30% decrease.

Jul 26, 2016 1:02:01 AM

IFSB and AMF sign MoU to foster development of Islamic finance in member countries

KUALA LUMPUR, 25th July, 2016 (WAM) -- The Islamic Financial Services Board (IFSB) and the Arab Monetary Fund (AMF) signed today in Kuala Lumpur, Malaysia, a Memorandum of Understanding (MoU) for an initial period of three years, to establish and implement a non-exclusive framework for the cooperation and collaboration to promote programmes and initiatives that foster the development of the Islamic finance sector in the Arab region.

Jul 25, 2016 7:46:04 PM

Aldar Properties eyes Al Ain As Key Growth Market

ABU DHABI, 25th July, 2016 (WAM) -- Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape.

Jul 25, 2016 7:40:01 PM

Private Sector is Key Driver for Growth in the Middle East and North Africa

CAIRO, 25th July, 2016 (WAM) – The private sector can be an important driver for growth and rising prosperity in the Middle East and North Africa (MENA) if effective policies are put in place to address key challenges across the region, according to a report from three leading international development and financial institutions.

Jul 25, 2016 5:48:04 PM

TDIC awards Jawaher Saadiyat main construction contract to Al Jaber Building

ABU DHABI, 25th July, 2016 (WAM) -- The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced today that it has awarded the main construction contract for Jawaher Saadiyat to Al Jaber Building LLC, following a competitive tendering process.

Jul 25, 2016 4:46:01 PM