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Amlak posts net group profit of AED87.4 million in H1

  Dubai / WAM Amlak Finance PJSC on Monday announced its financial results for the half year ended 30th June, 2016, recording a net group profit of AED87.4 million in H1 2016, compared to AED14.6 million for the same period last year. The H1 results were supported by strong revenue growth in Q1 generated from one-off sale of land plots. The ...

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ADBC registers 4,787 commercial licenses

  Abu Dhabi / WAM The overall number of new commercial licenses registered by the Abu Dhabi Department of Economic Development, ADDED’s Abu Dhabi Business Centre (ADBC) during the first half of 2016 has reached 4,787. The first quarter has seen 2,339 licenses while the second quarter scored 2,448 licenses, which brought the overall number of licenses in the Emirate of ...

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GCC healthcare market to grow 78pc by 2020

  Dubai / Emirates Business The GCC healthcare market is rapidly expanding, with connected hospitals and healthcare providers re-imagining the industry with wearables, machine monitoring, and patient record digitisation. Both startups and established technology firms are transforming healthcare technology, showcasing the latest developments at GITEX Technology Week 2016. The GCC is investing at least USD 2 billion in new patient-management ...

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