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In response to the IMF’s recent report, the UAE Minister of Economy this week lowered his initial 2010 economic growth forecast for the country from 3.2 percent to 2.5 percent. "Depending on oil...
Wednesday, 28 April 2010 Read
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The International Monetary Fund last week revised its growth predictions for the UAE economy for 2010, more than doubling its initial figure of 0.6 percent to 1.3 percent. In the IMF’s most...
Wednesday, 28 April 2010 Read
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Etisalat has announced an 8.4 percent drop in net profit to AED 1.99 billion in comparison to AED 2.18 billion from the same period last year, despite posting a five percent year-on-year increase in...
Wednesday, 28 April 2010 Read
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A study recently conducted by the Emirates National Development Programme (ENDP) has revealed that 60 percent of UAE nationals working in the private sector have resigned from corporate positions...
Wednesday, 28 April 2010 Read
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The Abu Dhabi Urban Planning Council (UPC), the agency responsible for the future of the Emirate's urban environment, has released a real estate forecast study for Abu Dhabi's metropolitan area,...
Wednesday, 28 April 2010 Read
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According to the head of the Tourism Development and Investment Company, one of the Abu Dhabi’s largest master developers, construction costs in the capital have dropped by around 30 percent in...
Thursday, 22 April 2010 Read
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The National Bank of Abu Dhabi has seen the number of online customers increase by 56 percent over the last year. The bank has also reported that profits for its internet banking unit rose by 120...
Thursday, 22 April 2010 Read
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The UAE’s Ministry of Economy is developing new laws intended to modernise the legislative system and improve the competitiveness of the business environment, in line with the UAE strategic vision...
Thursday, 22 April 2010 Read
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UAE brands Emirates and Masafi feature in the top 10 UAE ‘power brands’ as listed in by YouGov Siraj's BrandIndex. Nokia regains the top position, up from second in 2009. Emirates Airline is at...
Wednesday, 07 April 2010 Read
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Dubai Financial Market and the Abu Dhabi Exchange have confirmed they are in talks about a possible merger of their stock exchanges. The result could be lower costs and higher trading volumes in the...
Wednesday, 07 April 2010 Read
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