Wednesday 23 July 2014
 
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UAE

NBAD beats forecasts with 17.5pc profit gain

National Bank of Abu Dhabi , the largest lender in the UAE, on Tuesday beat analysts' estimates with a 17.5 per cent rise in second-quarter net profit, with higher fees and investment gains boosting income.

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Abu Dhabi Commercial Bank posts 22pc profit rise

Abu Dhabi Commercial Bank , the fourth-largest lender by market value in the United Arab Emirates, beat analysts' estimates slightly on Tuesday as it posted a 22 per cent rise in second-quarter net profit on

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UAE tops in innovation in Middle East

The UAE ranked first among the countries of the Middle East in terms of overall performance in the 2014 Global Innovation Index, which was released today. Switzerland remains the leader worldwide for the fourth consecutive year. T

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UAE tops in innovation in Middle East

The UAE ranked first among the countries of the Middle East in terms of overall performance in the 2014 Global Innovation Index, which was released today. Switzerland remains the leader worldwide for the fourth consecutive year. T

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Asian, western firms bid for UAE oilfields

Asian and western firms have bid to help operate the UAE's biggest oilfields after a deal with oil majors expired this year but the Gulf Arab state is yet to decide whether to let Asian oil buyers in for the

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Professional job opportunities rise 21pc in UAE

Professional job opportunities across the UAE increased by 21 per cent between the first and second quarters of 2014, according to a new survey by global recruitment specialist Morgan McKinley. Recruitment activity in the professi

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Professional job opportunities rise 21pc in UAE

Professional job opportunities across the UAE increased by 21 per cent between the first and second quarters of 2014, according to a new survey by global recruitment specialist Morgan McKinley. Recruitment activity in the professi

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UAE may issue govt bonds by 2018

The United Arab Emirates is expected to issue its first ever federal government bonds before 2018 to help the country's banks meet global liquidity rules, but feasibility studies are yet to be completed, a senior finance ministry official sa

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FutureCard wins Nol smartcard supply deal in UAE

FutureCard, a UAE-based expert in design, manufacture and customisation of all types of smartcards, has won a contract with the Road and Transport Authority (RTA) for the supply of nine million Nol smartcards.

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Nine-day Eid holiday in UAE

The United Arab Emirates (UAE) government departments will be closed for nine days from this weekend for Eid holidays and regular weekend holidays. Eid Al Fitr holiday for federal ministries and departments will start on July 27 a

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