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Man demands Dh60 million compensation from UAE bank
An Emirati businessman is demanding Dh60 million from a local bank for causing him financial losses when it refused to encash a Dh10 million cheque he issued as payment for a plot of land. Court records showed that the man bought the land in Abu
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Eastdil Secured Announces Definitive Agreement for Management-Led Recapitalization
Eastdil Secured, LLC (“Eastdil Secured” or the “firm”), the original, premier private real estate investment banking company, today announced it has entered into a definitive agreement on a management-led recapitalization in
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DXB pledges to ban single-use plastics
Dubai Airports, DXB, on Monday announced its pledge to ban single-use plastics from consumer spaces at the world's busiest international airport effective January 1, 2020. Every year Dubai Airports recycles over 43,000 tonnes of paper, glass,
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India's central bank cuts lending rate to 5.75%
India's central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the
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UAE bank holiday declared for Eid Al Fitr
UAE bank sector holiday for Eid Al Fitr has been reported on Thursday to begin on Ramdan 29 and the initial three days of Shawwal, work in like
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Food bank fridges launched in Ajman and RAK this Ramadan
Having opened two additional branches in Ras Al Khaimah and Ajman on Tuesday, the UAE Food Bank currently has five, incorporating three in
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