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DGCX-DIEDC deal to boost Dubai’s status as Islamic economy hub

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) on Tuesday signed a Memorandum of Understanding (MoU) to share knowledge, promote Shari’ah-Compliant finance, and help foster Dubai as the global capital of Islamic economy. Abdulla Mohammed Al Awar, CEO of DIEDC, and Les Male, CEO of DGCX, signed the agreement at ...

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National Takaful posts 190% increase in first-half profit

ABU DHABI / Emirates Business Watania Takaful Company, one of the leading insurance companies in the UAE, announced on Tuesday a net profit of AED7.8 million for the first half of this year the company delivered, marking an increase of 190 percent compared to AED2.7 million in the same period last year. The company pointed out the most notable feature ...

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UAE’s role in Yemen hailed by global relief organisations

ADEN / WAM A number of international relief organisations have praised the humanitarian, development and service initiatives of the UAE in Yemen, and the country’s eminent role in easing up the scourge of the embattled country’s current humanitarian situation and supporting Yemeni households across the liberated governorates and districts. This came during discussions in Aden between Saeed Al Kaabi, UAE ...

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