Business and expatriate community leaders are coming forward in droves to share their happiness, excitement and aspirations about the country’s future …
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Transforming finance: NAFA 2022 to highlight business resilience in uncertain times
Taking place on May 17 in Dubai, the third edition of the event will take a deep dive into how organisations can prepare for any future uncertainty, where growth …
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Dubai’s GII Buys 51% of Saudi Arabia’s Almeswak for $530 Million
Dubai-based Gulf Islamic Investments LLC has closed a $530 million deal to buy a stake in Saudi Arabia’s largest provider of dental and dermatology care and will look to list the healthcare company in …
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Vodafone shares edge up after UAE stake buy provides support
LONDON (Reuters) -Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator.
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UAE President receives more condolences from world leaders on passing of Sheikh Khalifa bin Zayed
Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah; H.H. Sheikh Tahnoun bin Mohammed Al Nahyan, Abu …
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UAE Medical Devices Market is expected to Grow at CAGR 6.7% during 2020-2025, generating a revenue of over USD 2 Billion in 2025F: Ken Research
Gurugram, India, May 16, 2022 (GLOBE NEWSWIRE) — – As the UAE are almost entirely reliant on imports of medical devices, abundant opportunities are available for medical device companies to meet …
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Fidelity Bank launches ‘Yenko Dubai’ Promo for its agents
Fidelity Bank has launched a special promo dubbed, ‘Yenko Dubai’ to reward 24 of its top performing agents. The promo which seeks …
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In UAE, private equity deals set to make a strong comeback in 2022
In addition, the increased daily volumes on ADX and DFM and strong investor appetite for new issues are expected to encourage private equity firms to consider local IPOs in the UA …
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Vodafone shares up 4% after UAE group buys 9.8% stake
The stock is down around 25% since Read moved from the finance director role to the top job of CEO in October 2018. Paolo Pescatore, an analyst at PP Foresight, said the UAE investment was a strong …
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Amlak Finance sees higher profits in Q1-22; accumulated losses hit 86% of capital
In the first three months of 2022, the income from Islamic financing and investing assets declined to $9.39mln from $11.12mln …
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Tradewind Finance Announces US$1 Billion In Funding Globally
Leading international trade finance company Tradewind Finance has announced the completion of its US$1 billion funding for 2022 – a d …
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Sheikh Mohamed to lead UAE towards new heights of economic growth, prosperity
Country’s economy to continue its journey toward diversification as the new policy measures will help achieve sustainable growth …
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UAE Banking Sector: Great strides under leadership of Khalifa bin Zayed
The financial and banking sector in the UAE under late Sheikh Khalifa bin Zayed Al Nahyan, made unprecedented achievements that reflected the notable success of the wise policies adopted by the late …
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UAE telecoms group e& buys 9.8% stake in Vodafone for $4.4 billion
DUBAI (Reuters) -Emirates Telecommunications Group Company PJSC, now known as e&, has acquired a 9.8% stake in Vodafone for $4.4 billion, it said on Saturday. The move comes days after e& said it …
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UAE Prince Who Reshaped Region Named Ruler of Oil-Rich Power
Sheikh Mohammed bin Zayed Al Nahyan, the man who has long controlled the levers of power in the United Arab Emirates, has succeeded his late brother as ruler.Most Read from BloombergElon Musk Sows Dou …
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UAE’s Etisalat Buys 9.8% Stake in Vodafone for $4.4 Billion
UAE phone company Etisalat bought a 9.8% stake in Vodafone Group Plc for $4.4 billion.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over …
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Sheikh Khalifa prepared the UAE for a full-scale post-oil economy
Dubai: Preparing the UAE economy for a post-oil world will be President His Highness Bin Zayed Al Nahyan’s enduring legacy for the country – and the wider GCC.
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