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NBAD appoints Yasin head of brokerage unit

National Bank of Abu Dhabi (NBAD), the largest lender by market value in the United Arab Emirates, has appointed Mohammed Ali Yasin as head of its brokerage subsidiary.

July 16, 2012 4:49
 
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UAE frees American hunger striker on bail

The United Arab Emirates has freed on bail an American businessman accused of embezzlement who has been in jail in the Gulf Arab state since 2008 and went on hunger strike in May, the U.S. embassy said on Friday.

July 13, 2012 8:29
 
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Eurozone and the GCC

As the eurozone crisis contin­ues to rage, seemingly beyond the control of the political and fiscal masters of Europe, the crisis is beginning to have an impact on various parts of the global economy.

July 13, 2012 11:37
 
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Ouster of Etisalat chairman may herald foreign strategy shift

When Gulf telecommunications giant Etisalat replaced its veteran chairman last week, he became the latest casualty of a multi-billion dollar foreign expansion which has failed to translate into profits and may prompt the firm to sell overseas assets to offset a decline in income.

July 12, 2012 1:00
 
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