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UAE stocks’ PE ratios most attractive in region

  ABU DHABI / WAM The UAE stock markets are the most attractive across the GCC states and the Middle East region in its entirety, boasting a P/E ratio of 14.00 over the past 12 months, ending in March, 2017. PE ratio, in addition to double book value, is one of widely used and common stock valuation tool. It is ...

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ATFP’s credit facilities to boost inter-Arab trade reach $13.3bn

  ABU DHABI / WAM The Arab Trade Financing Programme (ATFP) approved US$ 1.108 billion in credit facilities all over the last year, bringing to $13.3 billion the total credit provided by the programme for boosting inter-Arab trade since its establishment. This is announced by Abdullah bin Abdul Rahman Al-Hamoody, ATFP Chairman and CEO, during the 28th annual meeting of ...

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Emirates NBD world’s first bank to pilot ‘KinTrans’

  Dubai / Emirates Business Emirates NBD, a leading banking group in the region, became the first bank worldwide to pilot ‘KinTrans,’ a technology that enables easy two-way communication between sign language communicators with hearing disabilities, and people who use spoken languages. The bank’s commitment to people with disabilities supports the ‘#MyCommunity’ initiative launched by His Highness Sheikh Hamdan bin ...

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