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“Du” opens 9 new sales outlets

  Media In – Dubai 26 August  Du, a subsidiary of Emirates Integrated Telecommunications Company, has announced the opening of 9 new sales outlets in various locations across the UAE as part of its strategy to enhance its retail presence and provide customers with an improved and more efficient experience. …

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Gulf Air reports net profit of AED 48 million

Media In – Ras Al Khaimah 19 August 2018  In the first half of the year, Gulf Pharmaceutical Industries (GULFAR) reported sales of AED 558 million and net profit of AED 48 million, following the adoption of the new IFRSs IFRS 9 and IFRS 15. Jerome Karl, General Manager of …

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970 million US investment in a medical city in Pakistan

MEDIA IN, Dubai, August 19, 2018 (WAM MBF Holding has signed an agreement with Epschos Housing and Nixon, a business services provider, to allocate 100,000 square meters in the Glberg Green area of ​​the Pakistani capital, Islamabad, to create an integrated medical city with world-class standards that provide health and …

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Oil is falling as US inventories increase

Media In – Singapore – 15 August 2018 Oil prices fell today due to a report on the increase in US crude inventories. Futures dropped 0.4 percent to 32 cents to $ 72.14, while West Texas Intermediate crude futures fell 34 cents, or 0.5 percent, to $ 66.70 a barrel.

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Dubai Chamber exempts its members from late membership fees

MEDIA IN, Dubai, August 14, 2018 (WAM)  Dubai Chamber of Commerce and Industry (DCCI) announced today that it has exempted member companies from late fees and accumulated membership due to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and …

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