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FINANCIAL NEWS
UAE Q1 gov’t revenues surpass USD 544mn
13 Jun 2016
(MENAFN) Government revenue collected through the e-Dirham initiative in the UAE stood at more than USD 544mn in Q1 of this year, up 4.2 percent from earlier period.
Accordingly, the number of service transactions carried through e-Dirham increased by 10.7 percent to almost USD 2.74mn.
Additionally, the figures point to the growing popularity of the e-Dirham system is becoming the ideal mode of payment of individuals.
Meanwhile, all payment receipts through the e-Dirham system grew by 24 percent for the cited quarter of this year.
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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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