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FINANCIAL NEWS
UAE e-Dirham revenue hit USD1.08b in H1
09 Aug 2015
(MENAFN) According to the UAE Ministry of Finance (MoF), the country’s federal government collected around USD1.08 billion in revenue through the e-Dirham system in the first half of the year.
The figure represented an 11 percent growth compared to USD980.1 million on-year. The total number of e-services presented rose 9 percent to 18.7 million from 17 million in the first half a year ago.
“The increase in the number of transactions by e-Dirham reflects the development of the system during the previous years,” assistant undersecretary of resources and budget sector at the MoF said.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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