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DFM announces trading of Al Ramz Corp’s rights issue

  Dubai / WAM Dubai Financial Market (DFM) announced on Monday that the rights issue of “Al Ramz Corporation Investment and Development” is due to be tradable on the exchange between October 25, and November 7. Trading of the rights issue enables existing shareholders of the company who do not wish to subscribe to the new shares, which the company plans ...

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Emirates NBD is UAE’s ‘strongest bank’

  Dubai / Emirates Business Emirates NBD, a leading bank in the region has been ranked the ‘Strongest Bank in the UAE’ by the prestigious Asian Banker’s ‘AB 500 Strongest Banks in 2016.’ The bank, the largest in the UAE, was rated highly for its sound growth record and its giant leaps in the digitisation of banking over the past ...

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Seaborne oil trade grows 4.7% despite low oil prices

  Dubai / Emirates Business The eighth edition of the biennial Seatrade Maritime Middle East (SMME) exhibition and conference, which takes place in Dubai from October 31 to November 2, at the Dubai World Trade Centre, is organising a conference dedicated to the dynamic and rapidly growing tanker sector. Part of the Dubai Maritime Week, Seatrade Tanker Middle East, takes ...

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