High provisions depress banks' Q2 profits by 25%

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Abu Dhabi, Aug 3, 2009 (WAM) - UAE national banks have performed well so far this year, but massive loan loss provisions depressed their net profits by nearly 25 per cent in the second quarter acco

UAE non-oil sector up 3.9% at Dh294 billion last year

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Abu Dhabi, Aug 3, 2009 (WAM) - A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown in the second half because of th

Nuclear power comes closer as Emirates accept key protocols

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Abu Dhabi, Aug 3, 2009 (WAM) - The Federal Government has agreed to three international conventions on nuclear safety in preparation for a formal launch of the country’s nuclear power programme, ex

Dubal sales rise as Mideast, Asia demand grows

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Dubai, Aug 3, 2009 (WAM) - Dubai Aluminium Co (Dubal) said on Sunday that sales rose 5 per cent in the second quarter as demand remained strong in Asia and the Middle East according to a report by

UAE's first earth observation satellite blasts into space

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Dubai, July 30, 2009 (WAM) - The UAE's first earth observation satellite blasted into space as per schedule from the Baikonur space centre in Kazakhstan on Wednesday evening, according to the Inter

Abu Dhabi to launch HD channel in October

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Abu Dhabi, July 30, 2009 (WAM) - Abu Dhabi Media Company yesterday said it will launch its High-Definition (HD) television channel in October, offering its UAE viewers the opportunity to revolution

Louvre Abu Dhabi to conduct survey

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Abu Dhabi, July 30, 2009 (WAM) - The Louvre Abu Dhabi yesterday said it has begun a qualitative survey of potential audiences.

20 Arabian Oryx released in Jordan

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Abu Dhabi, July 30, 2009 (WAM) - The UAE released twenty Arabian Oryx in the Wadi Rum Protected Area in Jordan according to a report by "Gulf News".

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