Recent Posts

UAB profit up 46% in H1

SHARJAH / WAM United Arab Bank (UAB) reported net profits for the first six months of 2018 at AED81 million, representing an uplift of 46 percent compared with the same period last year, primarily driven by growth in ‘core’ income and reduction in provision charges following a transition to a lower risk business model. Total income reached AED341 million, with ...

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Abu Dhabi launches 13 new digital services

ABU DHABI / WAM The Urban Planning and Municipalities Department has laun-ched 13 new digital services as part of its efforts to participate in the digitalisation drive and the modern vision of our leaders, who are keen to improve the quality of services and bringing happiness to community members. The move also responds to the needs of sustainable development and ...

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Dubai FDI deepens ties with Egypt

Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy Department (DED) has moved to strengthen Dubai’s business and investment ties with Egypt, following its meeting with high-level Egyptian delegates from the General Authority for Investment and Free Zones. During discussions held in Dubai, both parties tackled volume of foreign investments coming into the city as a result ...

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