WASHINGTON (Reuters) – A team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders with …
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Dubai held a ‘gender balance’ awards, and every single winner is a man
When asked by Business Insider about the lack of female prize winners, the Dubai Gender Balance Council told us: “During the Index’s second edition, recipients of the Index’s awards happened to be ent…
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UAE’s e-commerce spending up 48% in 2018: review
“While some sceptics may look at 2018 as a slow year in terms of UAE retail card spending, actual data collated by Mashreq bank’s merchant acquiring business shows otherwise,” added Pankaj Kundra. “As …
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UAE’s Etisalat launches free upgrade to double broadband speed
Etisalat said the move will enhance UAE’s competitiveness standing in the global fixed broadband speed index increasing broadband penetration and business productivity in the country. Etisalat announc…
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Man with the ‘Midas’ touch: Indian jewellery magnate’s rise to fame in the UAE
The group records an annual turnover of $2 billion with a presence in UAE and 10 other countries. Plans are to reach a turnover of $3 billion in 2020 and expand the business to 20 countries with …
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Qatar thrash UAE to reach Asian Cup football final
Meanwhile, non-Emiratis attempting to avail the free entry were turned away, UAE news outlet, The National reported. “I apologise to the fans for the result. We tried our best,” said UAE coach Alberto …
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Abu Dhabi Three-Way Merger to Form $114 Billion U.A.E. Lender
(Bloomberg) — Abu Dhabi Commercial Bank PJSC agreed to merge with Union National Bank PJSC and Al Hilal Bank to create the Gulf’s fifth-biggest lender with about $114 billion in assets. ADCB offered …
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UAE keen on reviewing air services agreement with India: Envoy
The United Arab Emirates is keen on reviewing its air services agreement with India as occupancy on carriers of both sides has exceeded the figure stipulated in the pact, UAE envoy Ahmed Al Banna said …
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Abu Dhabi TV cameraman killed, reporter wounded in Yemen
DUBAI, United Arab Emirates – Authorities in Abu Dhabi say a bombing in Yemen has killed a cameraman for the Emirati capital’s state television channel and wounded one of its reporters. The state-run …
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Dubai Chamber membership passes 231,000
Last year the Chamber’s international offices held 1,552 meetings with companies and investors keen to explore business opportunities in Dubai – a growth of 91 per cent over 2017. Another …
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Turkish Airlines to start direct flights to Sharjah amid UAE growth
Turkish Airlines will be the only airline to fly between its new home base, Istanbul Airport and Sharjah.” Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business st…
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Abu Dhabi Three-Way Merger to Form $114 Billion U.A.E. Bank
(Bloomberg) — Abu Dhabi Commercial Bank PJSC agreed to merge with Union National Bank PJSC and Al Hilal Bank, a potential combination that would create the Gulf’s fifth-biggest lender with …
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Three Abu Dhabi lenders agree to merge, creating a $114 billion bank
DUBAI (Reuters) – Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank said on Tuesday the banks have agreed on a three-way merger, creating the third-largest bank in the United Arab Emira…
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Abu Dhabi’s three-way bank merger to create $114bn giant
Abu Dhabi Commercial Bank has agreed to merge with Union National Bank and Al Hilal Bank, a potential combination that would create the Gulf’s fifth-biggest lender with about $114 billion in assets. A…
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Trio of Abu Dhabi banks to combine in UAE financial consolidation
or 13.7 per cent versus the price before news of the merger leaked last year. The combined ADCB/UNB entity would buy Al Hilal Bank for around 1bn UAE dirhams through issuing post-merger shares to Abu …
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Abu Dhabi Commercial Bank, UNB, Al Hilal Bank Agree to $114 Billion Merger
Abu Dhabi Commercial Bank, Union National Bank and privately-held Al Hilal Bank have agreed to a merger, Bloomberg News reports. The combination that will create the Gulf’s fifth-biggest lender with a…
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UAE files WTO complaint over Qatar goods ban
State news agency WAM reported that Qatar has also removed the names of UAE companies from the list of approved vendors for infrastructure projects and has maintained an undeclared ban on products com…
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