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Currency News

First Abu Dhabi Bank Sees Interest-Rate Jump Boosting Its Profit

26 Feb 2018 14:48Bloomberg
First Abu Dhabi Bank PJSC expects a rise in U.S. interest rates to boost its profits because the United Arab Emirates is likely to follow suit. more

Narendra Modi, Hassan Rouhani may discuss rupee investment mechanism today

16 Feb 2018 12:37Business Standard
On merchandise trade, both the governments have been in talks to find a way to put in place an old rupee trade mechanism, a senior government official said. more

Mediclinic sees Middle East weakness denting earnings

17 Oct 2017 03:44Moneyweb.co.za
Mediclinic, which extended its reach into the United Arab Emirates when it bought Al Noor, said revenue in its Middle East business was down 4.7% to 1.5 billion UAE dirham ($408.45 million). The company's Abu Dhabi hospitals last year lost a large ... more

UPDATE 1-UAE telco du ends earnings slump with flat second quarter

25 Jul 2017 03:13Reuters
DUBAI, July 25 (Reuters) - Du, the second largest telecoms operator in the United Arab Emirates, halted an earnings slump when it reported flat quarterly net profit on Tuesday. more

UAE telco du ends earnings slump with flat second quarter

25 Jul 2017 02:30Zawya
... the second largest telecoms operator in the United Arab Emirates, halted an earnings slump when it reported flat quarterly net profit on Tuesday. more

Multi-purpose dock expands Abu Dhabi Ports' Persian Gulf footprint

17 Jul 2017 06:15JOC.com
Abu Dhabi Ports Company (ADPC) has expanded its operations in the Persian Gulf region with a new multi-purpose maritime facility on Delma Island, approximately 25 miles off the coast of Abu Dhabi and about 70 miles from Doha, United Arab Emirates ... more

Animal rights groups oppose sale of Namibian baby elephants to UAE park

16 Jun 2017 05:52africanews
However, the director of the 1 billion UAE Dirham ($272 billion) Dubai Safari Park, which is expected to open before the end of 2017, has debunked the allegations saying the animals will not be used to perform stunts and large animals will be allowed ... more

Bahrain detains citizen for sympathising with Qatar, agency reports

14 Jun 2017 14:11Reuters
It was the first time Bahrain had detained a citizen for violating a ban on support for Qatar that Bahrain imposed after it joined Saudi Arabia, the United Arab Emirates and Egypt in severing ties with Doha. more
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