Real GDP grew 7.4% in 2008

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The UAE economy grew by about 7.4 per cent in real terms in 2008 despite a sharp decline in oil prices in the second half of the year because of the global financial downturn, said the Central Bank

Banks' credit to private sector falls

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Dubai, July 26, 2009 (WAM) - Claims by UAE banks on the private sector dipped by about Dh8 billion in the first quarter of 2009 because of a sharp fall in domestic demand, official figures showed y

du posts Dh57.66 million profit for second quarter

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Abu Dhabi, July 26, 2009 (WAM) - The UAE's second telecom operator du posted on Sunday a second-quarter net profit of Dh57.65 million ($15.7 million) in the second quarter, from a loss of Dh43.84 m

Wareed introduced at Ajman's Khalifa Hospital

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Wareed, a new innovative health information system launched by the Ministry of Health, entered today into the trial phase at the Sheikh Khalifa Hospital in Ajman.

UAE Spirulina farm first for Middle East

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The UAE will be home to a spirulina farming project, the first of its kind in the Middle East, to be overseen by a United Nations body fighting against malnutrition across the globe.

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