Recent Posts

UAE-UK non-oil foreign trade hit AED42.69 billion in 2018

London / WAM The volume of foreign trade in non-oil goods between the UAE and the UK was estimated at approximately 9 billion pounds (AED 42.69 billion) in 2018, recording a growth rate of 10 percent over the previous year, according to a senior UAE official. Mohammed Bin Abdul Aziz Al Shehhi, Undersecretary of Economic Affairs in the Ministry of ...

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Arab Bank Group profit up 5.2%

Emirates Business Arab Bank Group announced its results for first quarter of 2019 reporting 5.2% growth in net profit after tax of $231.8 million as compared to $220.3 million in 2018, with net income before tax increasing by 9.1% to reach $312.8 million. Group equity stood at $ 8.5 billion, while loans increased to $25.8 billion and deposits to $33.7 ...

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Shbib projects her sales to grow by 30% every year

Dubai / Emirates Business After gaining a comfortable foothold in the French market High fashion label Sakina Paris has projected her sales to grow by 30 percent every year. It can be seen that a large part of the multibillion dollar Middle East fashion market is dominated by the international brands mostly from the countries like USA, UK, France and ...

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