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Tabreed posts AED63mn profit in Q1

  Sunaina Rana / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the ...

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Mashreq’s ‘Salaam Rewards’ wins 2 awards

  Dubai / Emirates Business Mashreq ‘Salaam Rewards’ Customer Loyalty Program by Mashreq, UAE’s leading financial institution, was awarded two of the top awards for its continued efforts to offer enhanced customer experience; “Best Customer Experience Initiative” award at this year’s MEFTECH Innovation Awards – one of the MENA regions’ largest and most prestigious financial innovation gatherings and “Best Customer ...

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MBRF to strengthen role of knowledge in region

  Dubai / Emirates Business Mohammed Bin Rashid Al Maktoum Foundation (MBRF) – a member of the Mohammed Bin Rashid Global Initiatives – announced the expansion of its knowledge initiatives and projects to consolidate its efforts in the dissemination, transfer and localization of knowledge in the region. The enhanced initiatives were unveiled in line with the announcement of His Highness ...

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EU criticizes Turkey rights, media abuses

  BRUSSELS / AP Turkey’s crackdown on the media and reported human rights abuses are pushing the country further away from Europe even as it hopes to join the European Union, a senior EU official said on Thursday. European Commission Vice-President Frans Timmermans told EU lawmakers that “the distance between us and Turkey is not decreasing, it is increasing.” “If ...

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Italy fumes over Austria migrant ‘slap’

  Rome / AFP Italy and Austria were set for showdown talks on Thursday as Italian politicians and media reacted furiously to Vienna’s new anti-migrant measures that could close the border between the two countries. Austrian Interior Minister Wolfgang Sobotka, who has vigorously defended the controversial package which was driven by a surge of the far right, was due in ...

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Yemen suicide bomber targets Aden police chief

  Aden / AFP A suicide bomber targeted the police chief of Yemen’s second city Aden on Thursday in the latest attack against senior officials in the base of the Saudi-backed government, a security official said. The bombing came after loyalist forces backed by a Saudi-led military coalition seized the key southeastern port city of Mukalla and the nearby airport ...

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Israel nuclear reactor defects spark secrecy dilemma

  Jerusalem / AFP Growing safety fears surrounding Israel’s largest but ageing atomic research centre have provoked fresh questions over its future and a dilemma over the secrecy of the country’s alleged nuclear arsenal. Israel, believed to be the Middle East’s sole nuclear power, has long refused to confirm or deny that it has such weapons. The Haaretz newspaper reported ...

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What happens in Puerto Rico won’t stay there

  Immigrant goes to America, Many hellos in America; Nobody knows in America Puerto Rico’s in America! — “West Side Story” Puerto Rico, an awkward legacy of America’s 1898 testosterone spill, the Spanish-American War, is about to teach two things that few Americans know: If conditions get bad enough there, its residents, who are American citizens, can come here. And ...

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