Tuesday 24 January 2017
 
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Emirates NBD

Emirates NBD posts $1.97 billion net profit

Emirates NBD, the UAE’s largest lender, posted a net profit of Dh7.24 billion ($1.97 billion) for the financial year 2016, up 2 per cent compared to the previous year. However, the total income declined 3 per cent y-o-y to D

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ENBD steps up investment in Saudi equities

Emirates NBD (ENBD) Asset Management has identified Saudi Arabian equities as an area of strategic focus due to the significant growth potential and is targeting medium to long term capital growth in the Saudi market through its Mena funds.

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UAE non-oil sector growth speeds to 16-month high

The UAE’s non-oil private sector continued to see strengthening growth momentum at the end of 2016, hitting 16-month highs amid reports of improving economic conditions, according to a new study released by Emirates NBD. Out

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UAE non-oil sector growth speeds to 16-month high

The UAE’s non-oil private sector continued to see strengthening growth momentum at the end of 2016, hitting 16-month highs amid reports of improving economic conditions, according to a new study released by Emirates NBD. Out

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ENBD expands disability-friendly branches

Emirates NBD, a leading bank in the region, has expanded its disability-friendly branch network to include the Hamriya, Rashidya and Al Aweer branches, in addition to the Jumeirah and Jumeirah Emirates Towers branches in Dubai, UAE.

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Mideast markets eye higher oil price in 2017

In 2017, markets the Middle East will be hoping for a stronger oil price and evidence that reform and change in the major economies are starting to see a payoff in higher revenue and controlled spending growth, said an industry expert.

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Saudi non-oil sector rebounds from October low

Saudi Arabian non-oil private sector growth rebounded in November, following a back-to-back slowdown in September and October, a report said. Output, new orders, purchasing activity and input stocks all rose sharply and at faster

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Saudi non-oil sector rebounds from October low

Saudi Arabian non-oil private sector growth rebounded in November, following a back-to-back slowdown in September and October, a report said. Output, new orders, purchasing activity and input stocks all rose sharply and at faster

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UAE non-oil sector regains momentum in Nov

The UAE’s non-oil private sector regained some growth momentum in November, thereby reversing the slowing trend seen in each of the prior three months, a report said.  A robust expansion of new work was a key factor beh

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UAE non-oil sector regains momentum in Nov

The UAE’s non-oil private sector regained some growth momentum in November, thereby reversing the slowing trend seen in each of the prior three months, a report said.  A robust expansion of new work was a key factor beh

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