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Dubai chamber attracts 69  technology firms in H1 2023

DUBAI / WAM Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has unveiled details of its key achievements during the first half of 2023. Significant milestones included attracting 69 emerging technology companies to the emirate in cooperation with its partners from various government authorities between January and June, in line with ...

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Fujairah Ruler issues law to transform ‘Fujairah Tourism and Antiquities Authority’ into department

FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah has issued Law No 2 of 2023 to transform the “Fujairah Tourism and Antiquities Authority” into the Fujairah Tourism and Antiquities Department. The law stipulates that it will perform the tasks and competencies specified for it under the provisions of this law and ...

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ABN Amro drops as buyback delay outweighs profit beat

BLOOMBERG ABN Amro Bank slumped in Amsterdam after the bank’s delay of buyback plans outweighed the better-than-expected profit in the second quarter. Net income of €870 million ($955 million) in the three months through June compared with expectations for profit of €576.3 million, while net interest income was broadly in line with expectations. The Dutch bank, which last announced a ...

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