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e& reports record net profit of AED10.3bn growing 3% Y-o-Y 

ABU DHABI / WAM e& announced its consolidated financial results for fiscal year 2023 reporting a record consolidated net profit of AED10.3 billion, a growth of 3 percent year-over-year. Underlining the group’s commitment to value creation for its shareholders, e&’s Board of Directors proposes a dividend of AED0.40 per share for the second half of 2023 representing a total dividend ...

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Emirates Development Bank highlights trade and supply chain finance solutions at GTR MENA 2024

DUBAI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, underscored its pivotal role in fostering sustainable, self-reliant economic growth across key sectors during Global Trade Review MENA 2024 (GTR MENA) at Jumeirah Emirates Towers in Dubai. During the event, EDB highlighted its cutting-edge supply chain finance and trade finance ...

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Bloom unveils ‘Seville’, fifth phase of Bloom Living in Abu Dhabi

ABU DHABI / WAM Bloom Holding has announced the launch of ‘Seville’, the fifth phase of its fully integrated community in Abu Dhabi, Bloom Living. Inspired by the Mediterranean Spanish architecture, Seville is the first of Bloom’s offerings in 2024. It will feature residential units with premium lakeside views ranging from the community’s first seven-bedroom mansions, three to six-bedroom villas, ...

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