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Emirates Steel to produce steel flat products
Emirates Steel has announced its plans to add Hot Rolled Coils (HRC) to its wide-range products portfolio so that it can mainly meet the needs of the local and regional markets of the…
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ADCB expands mortgage business
Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further…
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Key Business Trends for 2021
Thought leadership research firm TrendCandy announced a forecast of top business trends for 2021 based on research conducted in 2020. TrendCandy surveyed tens of thousands of people on…
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Etisalat reports AED9 billion net profit in 2020
Etisalat Group announced on Tuesday, 23 February that its twelve month ending 31st December, 2020, consolidated revenues reached AED51.7 billion, while consolidated net profit after…
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Japan-UAE ties robust with US$22.4 billion trade in 2020
The United Arab Emirates is a long-time partner that has supported Japanese economy and society, and economic relations remain robust with US$22.4 billion bilateral trade in 2020,…
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Dubai real estate sales cross AED6.74 billion in January 2021
Dubai’s real estate market recorded 3,300 sales transactions worth AED6.74 billion in January 2021, a growth of 15.5 percent in terms of transaction number and 37 percent in terms of…
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Dutch firm Adyen selects DIFC as regional headquarters
Dubai International Financial Centre has welcomed global payment technology provider Adyen, a company that has a market capitalization of €66.4 billion and processed over €303.6 billion…
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Investcorp acquires industrial portfolio in Wales
Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, on Monday announced that one of Investcorp’s affiliates has acquired a…
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