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UAE stocks post AED5.5bn gains

ABU DHABI / WAM Companies trading on the UAE two main bourses gained AED5.5 billion in market cap at the end of Sunday session, driven by selective purchases that targeted blue chips on the real estate and banking sectors. Starting the week in the green, the General Index of the Dubai Financial Market moved up 0.97 percent to 3188 points, ...

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Takaful Emarat profit up 25%

Dubai / WAM Takaful Emarat announced that net profit for the twelve-month period ended December 31, 2017, was AED18.8 million, up 25 percent from the company’s 2016 net profit of AED15 million. Mohammed Al Hawari, Executive Board member and Managing Director of Takaful Emarat, said, “During the course of 2017, we maintained our focus on growing the business in tandem ...

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Abu Dhabi stand at ITB Berlin named ‘best in Middle East’

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi has picked up the award for the ‘Best Stand in Middle East Region’ at ITB Berlin in Germany for its pavilion featuring the best of the emirate’s attractions and hotels. DCT Abu Dhabi was joined by 48 partners and stakeholders from March 7-11, including the Etihad Airways, ...

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