Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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A Profitability Growth in UAE Gets Even More Better

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 I want to share something great from what I read today. Surprisingly, The total net gain of the UAE's main ten banks expanded by 85% in the primary quarter of the year, contrasted with the past one, as financial conditions step by step improved which is really a good progress.

A decrease in working costs upheld this development giving a report from consultancy of Alvarez and Marsal. It anticipates that the trend should proceed consistently, given the UAE's solid financial and outside positions. Looking at it, The Central Bank of the UAE a year ago dispatched the Targeted Economic Support Scheme, a 50 billion dirhams zero-cost liquidity office for banks in the country which is a good strategy.

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