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The President of the Federal National Council of the United Arab Emirates (Parliament), Saqr Ghobash, said, Tuesday, that the support of his country to the Moroccanness of the Sahara stems from its full conviction of the right of the Kingdom Read more
UAE’s First Abu Dhabi Bank (FAB) will open a representative office in Iraq as the largest lender of the Gulf country rolls out its expansion plan. “FAB will be expanding its regional footprint with the opening of a representative office Read more
AG Café has announced plans to open 110 more branches of Tim Hortons in Saudi Arabia by 2024, taking the total number of stores across the country to 200, Zawya reports. The company runs 190 stores, in total across the Read more
The Sri Lanka Tourism Promotion Bureau has inked an MoU with Dubai-based Emirates to help revive the Southeast Asian country’s trade and tourism industry, Gulf Business reports. Both parties per the agreement will benefit from joint activities to enhance trade Read more
UAE’s biggest lender First Abu Dhabi Bank (FAB) has sold a 60 percent stake in its payments firm, Magnati, to Canada’s Brookfield Business Partners, Zawya reports. The transaction will bring to the Abu Dhabi-based bank around $690 million. FAB will Read more
King Abdullah II of Jordan and his wife Queen Rania, were awarded Saturday the 2022 Zayed Award for Human Fraternity at a ceremony at the Founders Memorial in the UAE capital, reports say. The award was presented to the royal Read more
The Agriculture Innovation Mission for Climate (AIM for Climate), a global initiative led by the UAE and the US with the support of over 140 government and non-government partners has unveiled plans to double its investment commitment to $8 billion Read more
Cairo-based investment bank EFG Hermes has appointed Goldman Sachs to advise on First Abu Dhabi Bank’s (FAB) offer to acquire a majority stake, the bank has said in a statement. The board of Egypt’s largest investment bank also said it Read more
India and UAE are poised to sign a new trade deal set to be worth $100 billion over the next five years after a swift conclusion to negotiations, reports citing Indian media outlets. The new deal dubbed Comprehensive Economic Partnership Read more
UAE and Turkey Monday agreed 13 deals on the sideline of the Turkish President Recep Tayyip Erdogan’s official visit to bolster ties between the two countries which are now putting behind themselves several years of distrust. The deals according to Read more