Sunday 22 April 2018
 
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2017

Dubai’s GDP hits $106 billion in 2017

Dubai’s real gross domestic product (GDP) reached Dh389 billion ($106 billion) in 2017 compared to Dh379 billion in 2016, according to data released by Dubai Statistics Centre (DSC). According to DSC, the growth was fuelled

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Dubai Investments distributes 12pc dividend

Dubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has decided to distribute 12 per cent cash dividend to its shareholders for the financial year ending December 31, 2017. A pr

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Merc-Benz Vans Mena sets sales record in 2017

Mercedes-Benz Vans Middle East and North Africa (Mena) was recognised with first place at the Daimler AG’s Van overseas markets - Market of the Year Award, for its outstanding sales achievement last year. Covering nine regio

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UAE listed firms pay out $10bn in dividends in 2017

The cash dividends distributed by the public joint stock companies listed on UAE capital markets for 2017 fiscal year amounted to Dh37.2 billion ($10.12 billion), a growth of 14.4 per cent over 2016, a media report said. The 2017&

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Wacker Chemie sales top $6bn in 2017

Germany-based Wacker Chemie, a leading chemical company, reported that its sales reached €4.92 billion ($6.069 billion) in 2017, up 6 per cent year-over-year compared to sales of €4.63 billion ($5.71 billion) recorded in 2016.

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Wacker Chemie sales top $6bn in 2017

Germany-based Wacker Chemie, a leading chemical company, reported that its sales reached €4.92 billion ($6.069 billion) in 2017, up 6 per cent year-over-year compared to sales of €4.63 billion ($5.71 billion) recorded in 2016.

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Mepco sales revenue up 21.5pc in 2017

The Middle East Paper Company (Mepco), a leading vertically-integrated paper manufacturer in the region, reported sales revenue increase of 21.5 per cent for the year ended December 31, 2017, compared to 2016, due to growth in both sales volume

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EGA recycled 96,000 tonnes of waste in 2017

Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, revealed that it has recycled over 96,000 tonnes of waste in 2017, up from over 77,000 tonnes in 2016. The first Global Recycling Day was he

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ABB records sustained growth in UAE in 2017

ABB, a pioneering technology leader, has recorded steady and sustained growth in the UAE in 2017, due to the energy and industrial revolution that is taking place in the country and around the world. The company has been a stable

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Egypt’s net FDI reaches $13.3bn in 2017

Egypt’s net foreign direct investment increased 6.5 percent to $13.3 billion in the last financial year ending June 30, 2017, up from $12.5 billion in the previous fiscal year, according to the country’s central bank.

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