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UAE economy Estimated to grow 4.8% by the end of 2014

UAE economy Estimated to grow 4.8% by the end of 2014

February 4, 2015 1:05 pm

According to the United Arab Emirates’ Minister of Economy, Sultan Bin Saeed Al Mansouri, by the end of 2014, the UAE’s Gross Domestic Product (GDP) is expected to reach Dh419 billion. When examining the growth of the UAE from the time the Federation was created forty-three years ago in 1971, its GDP has grown significantly. […]

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UAE ranked in the Top Five Offshore Markets for Client Origination

UAE ranked in the Top Five Offshore Markets for Client Origination

February 4, 2015 1:02 pm

A group of experts were assigned to name the top ten locations referring to client origination for the following five years after examining Middle East records. After examining the results closely they positioned the United Arab Emirates (UAE) in 5th position, after leading markets such as the UK, China, Hong Kong and the USA. Singapore, […]

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UAE Minister of Economy opens mega-trade event in Dubai

UAE Minister of Economy opens mega-trade event in Dubai

February 4, 2015 1:01 pm

DUBAI: Sultan Bin Saeed Al Mansouri, Minister of Economy, said today that the UAE’s sound economic infrastructure and business-friendly environment has made it an ideal partner for the world’s commercial interests. “The considerable economic resilience of the UAE has helped minimise the impact of regional instability on our economy, and enabled us to continue with […]

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Record Earning for UAE banks

Record Earning for UAE banks

February 4, 2015 12:56 pm

According to Expo 2020, United Arab Emirate (UAE) banks will generate increased profits since the government is spending more on infrastructure and lending is on the rise. As usual, during the summer season UAE’s business activity slows down due to the Ramadan. The banks have shown an upward track, surpassing 4% from the time the […]

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