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UAE banks and top lenders

UAE banks told to extend loan maturities for citizens

The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.

August 16, 2012 3:57
 
Abu Dhabi TAQA

UAE’s TAQA second quarterly profit up 3 percent, revenues fall

Abu Dhabi National Energy Co (TAQA) said on Tuesday that second-quarter net profit edged up 3 percent to 447 million dirhams ($122 million) in the second quarter from 435 million a year earlier.

August 14, 2012 9:56
 
UAEs-Aldar-Sorouh-merger

Aldar properties net profit beats forecast

Aldar Q2 net profit 417.9 mln dirhams; Revenue at 4.6 bln dirhams vs 775.6 mln dirhams; Co says yet to receive 12 bln dirhams from govt; Merger talks with Sorouh under way

August 9, 2012 10:09
 
Top Cities of the Middle East survey

UAE is the Middle East’s top country to live and work in

Abu Dhabi, Dubai and Sharjah top the list of Middle East’s best cities to live and work in.

July 24, 2012 11:33
 
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