15th Trade Fair of OIC member countries concludes in Riyadh

RIYADH, 29th May, 2016 (WAM) -- The 15th Trade Fair of the member countries of the Organisation of Islamic Cooperation's, OIC, has concluded in Riyadh.

May 29, 2016 3:02:00 PM

Yemen: Arab Journalists Union calls for release of 10 journalists on hunger strike in Houthi jails

CAIRO, 29th May, 2016 (WAM) - The Arab Journalists Union, AJU, has condemned the disappearance of ten Yemeni journalists from Habra prison in Yemen’s capital, Sana'a, and demanded that the Houthi group reveal their whereabouts and release them immediately.

May 29, 2016 2:58:03 PM

Jordanian King entrusts Mulki to form new government

AMMAN, 29th May, 2016 (WAM) -- King Abdullah II of Jordan has entrusted Dr. Hani Mulki to form a new government replacing the outgoing government of Prime Minister Abdullah Ensour.

May 29, 2016 1:58:00 PM

Noor Bank successfully issues US$500 million Tier 1 capital Sukuk

DUBAI, 29th May, 2016 (WAM) -- Noor Bank has successfully priced its debut perpetual US$ 500 million Tier 1 capital issuance.

May 29, 2016 5:14:01 PM

UAE Central Bank announces M1 increased to AED493.4 billion at end of April 2016

ABU DHABI, 29th May, 2016 (WAM) -- The UAE Central Bank has announced that the Money Supply Aggregate M1 increased by 0.6% from AED490.3 billion at the end of March 2016 to AED493.4 billion at the end of April 2016.

May 29, 2016 12:24:03 PM

Sharjah Islamic Bank repays US$400 million Sukuk

SHARJAH, 29th May, 2016 (WAM) -- Sharjah Islamic Bank, SIB, a leading Sharia compliant commercial bank in the UAE, has successfully repaid a US$ 400 million Sukuk. The Sukuk had been raised in May 2011 under challenging market circumstances. The funds raised were used for general corporate purposes and business expansion of SIB.

May 29, 2016 10:02:01 AM

UAE, Kosovo sign two agreements on avoidance of double taxation, protection and promotion of investment/ Final Add

PRISTINA, 28th May, 2016 (WAM) -- XXX. Asia. During the meeting, Al Khoori stressed the key components and achievements of the UAE economy during the past few years, adding that the country is a trade hub and the second largest economy in the region.

May 28, 2016 1:28:00 PM

UAE, Kosovo sign two agreements on avoidance of double taxation, protection and promotion of investment with

PRISTINA, 28th May, 2016 (WAM) -- UAE, represented by the Ministry of Finance (MoF), signed two final agreements on avoidance of double taxation on income and the protection and promotion of investment with the Republic of Kosovo.

May 28, 2016 12:56:01 PM