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Arab Bank posts $617.9mn net profit in Q3

  Dubai / Emirates Business Arab Bank Group continued to achieve robust results during 2016, reporting net profit after tax and provisions for the period ending September of $617.9 million, compared to USD 615.1 million in the same period last year, while the Group’s net profit before tax reached $815.8 million. The Bank maintains a healthy capital base with shareholders ...

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World Bank team praises DEWA’s innovative projects

  Dubai / WAM A visiting World Bank delegation has expressed admiration and appreciation for the leading and innovative projects of the Dubai Electricity and Water Authority (DEWA). The delegation also praised DEWA’s competitive results and how it had enhanced its position as a global role model in its efforts to implement smart applications and systems. It allowed DEWA to ...

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Cabinet resolution on SMEs reflects high interest of country’s leadership: MoE

  Abu Dhabi / Emirates Business HE Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, said that a Cabinet resolution on the issuance of the executive regulations of the law on small- and medium-sized enterprises (SMEs) reflects the high interest of the country’s leadership in this vital sector. The resolution is a major boost to national efforts providing Emirati ...

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