Monday 8 February 2016
 
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2015

GM posts record profit in fourth quarter, 2015

General Motors Co reported record quarterly and annual profits on Wednesday and promised 2016 will be even better, but unimpressed investors dumped the automaker's shares. The disconnect highlights the challenges facing GM, Fo

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GM posts record profit in fourth quarter, 2015

General Motors Co reported record quarterly and annual profits on Wednesday and promised 2016 will be even better, but unimpressed investors dumped the automaker's shares. The disconnect highlights the challenges facing GM, Fo

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Waha Capital posts $160m profit in 2015

Waha Capital, a leading investment company based in Abu Dhabi, UAE has reported a 2015 preliminary net profit of Dh588 million ($160 million). Earnings were driven by key investments in the aircraft leasing and consumer finance se

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Jordan airport welcomes over 7m passengers in 2015

Jordan’s Queen Alia International Airport (QAIA) welcomed over 7 million passengers in 2015, marking a marginal increase in passenger traffic of 0.1 per cent in comparison to the previous year. According to figures released

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Emirates Islamic net profit up 76pc in 2015

Emirates Islamic, a leading Islamic financial institution in the region, has reported a net profit of Dh641 million ($174.5 million) for 2015, marking a 76 per cent year-on-year increase. The bank’s total net income during t

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Koenig’s Mideast operations grow 100pc

Koenig Solutions, a leading IT training provider and a preferred offshore training company in India, said its Middle East operations grew 100 per cent, achieving a gross revenue of around Dh15 million ($4.08 million) for the fiscal year 2015.

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Abu Dhabi Ports sets record for cargo volumes in 2015

Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the UAE, set a new annual cargo-volume record in 2015, surpassing the previous record set in 2014. The company witnessed significa

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US auto sales hit new record in 2015

Automakers on Tuesday set a new US sales record for 2015 even as December sales fell short of expectations, and most forecasters said sales should rise to another record this year. For full year 2015, US sales hit a record of 17.4

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Oil ending 2015 how it began - on the skids

Asian share markets were ending the year on a subdued note on Thursday as a renewed slide in oil prices sapped sentiment, a baleful trend that shows every sign of lingering into 2016. The relentless decline in oil hit currencies o

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Oil ending 2015 how it began - on the skids

Asian share markets were ending the year on a subdued note on Thursday as a renewed slide in oil prices sapped sentiment, a baleful trend that shows every sign of lingering into 2016. The relentless decline in oil hit currencies o

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