Sunday 24 September 2017
 
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2017

Audi to showcase autonomous driving strategy at IAA 2017

Audi will showcase its progress in autonomous driving strategy, through the new Audi A8 which incorporates conditional automated driving at level 3 as standard, at the International Motor Show (IAA) 2017, to be held later this week, in Frankfurt

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UAE air freight market set to grow 4.8pc over 2017-2021

The UAE's air freight market is expected to expand by a compounded annual growth rate (CAGR) of 4.8 per cent over the 2017-2021 period, according to a recent analysis by the Dubai Chamber of Commerce and Industry.   Expans

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UAE listed insurance firms post $208m profit in H1

Net profits of 28 insurance companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) surged 34.2 per cent during the first half (H1) of the year to Dh764 million ($208 million) against Dh569 million during H1 2016

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UAE Central Bank deposits top $33 billion in H1

The total value of monetary deposits at the UAE Central Bank amounted to Dh123 billion ($33.5 billion) during the first half (H1) of the year, Dh122.95 billion of which are in banknotes and Dh50 million in coins, a report said. On

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Top maritime companies to attend Maracad 2017

Majority of the region’s leading maritime companies and organisations will discuss the latest developments in the maritime industry at the 3rd Maritime Conference & Expo (Maracad 2017), to be held later this year, in Dubai, UAE.

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Letstango.com expects sales to more than triple in 2017

Letstango.com, a UAE-based online marketplace, has announced that its estimated total sales is expected to grow by more than three to five times this year as compared to the growth it posted in 2016. The company’s upbeat att

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Dubai Investments posts $130m net profit for H1

Dubai Investments, a leading, diversified investment company, has reported net profit of Dh480million($130.6 million) for the first six months (H1) of the year, compared to Dh 516million in the same period last year, marking a decline of 6.9 per

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Sharjah airport logs 5.5m passengers in H1

A total of 5.5 million passengers passed through Sharjah International Airport (SIA) during the first half of 2017, marking an increase of 2.9 per cent as compared to the 5.3 million passengers recorded during the first half of 2016.

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Bank of Sharjah posts H1 profit at $41m

Bank of Sharjah has posted a net profit of Dh152 million ($41.3 million) for the first half of the year, against Dh176 million for the same period of 2016. As a result, earnings per share for the period were down by 14 per cent an

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Alba’s H1 net income surges 111pc to $115 million

Aluminium Bahrain (Alba) has posted a net income of BD43.3 million ($115.2 million) for the first half of 2017 versus BD20.5 million ($54.5 million) for the same period in 2016, marking an increase of 111 per cent. The company gen

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