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ADFCA's new steps ease transaction for food importersThe Abu Dhabi Food Control Authority (ADFCA) in collaboration with the Abu Dhabi General Administration of Customs has modernised and developed a number of procedures for food importers at Abu Dhabi's border ports, said a report. More… |
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Ajman real estate transactions top $199m in Q1The real estate sector in the UAE emirate of Ajman has registered solid growth during the first quarter with its transactions surging to more than Dh733 million ($199 million), said senior officials of the Department of Land and Real Estate Regu More… |
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Bahrain to issue new ID cards to GCC investorsBahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c More… |
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Bahrain to issue new ID cards to GCC investorsBahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c More… |
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Dubai's residential transaction volumes up 30pcThe total residential transaction volumes in Dubai's residential sector for the last quarter grew 30 per cent over the third quarter of 2016, according to the leading international property agency Chestertons. Wit More… |
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Etihad, Natixis close first aircraft leasing transactionsEtihad Airways and Natixis have completed a sale and leaseback for two 2016 vintage Airbus A380 aircraft. Both aircraft are owned by special purpose companies based in Abu Dhabi Global Market (ADGM), the world’s newest inter More… |
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Etihad Aviation Group, partners raise $500m additional fundsEtihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further $500 million in a second platform financing transaction, following the success of last year’s bond which raised More… |
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EFG Hermes to acquire 76pc stake in TanmeyahEFG Hermes, a leading investment bank in the Arab world, has signed a binding deal to acquire 76.7 per cent of Tanmeyah Microenterprise Services, a provider of comprehensive microfinance solutions to business owners across Egypt. More… |
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Swift's growth in MEA outpaces global rateGrowth in financial transactions messaging system Swift's traffic volumes in the Middle East and Africa has accelerated by double-digit percentages this year as banks expand rapidly and non-financial institutions join the industry cooperativ More… |
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Exchange firm in Bahrain 'failed to report deals'A panel set up to investigate financial irregularities at a major currency exchange company operating in Bahrain has found that the majority of its transactions over a two-year period had not been properly reported. The revelation More… |
