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UAE Cabinet approves setting up Emirates Development Bank

Posted on 25 June 2009

From Gulfnews.com: The Cabinet approved establishing Emirates Development Bank with a capital of Dh10 billion.

The decision was made at a Cabinet meeting on Wednesday, presided by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at the Presidential Palace…….Full Article: Source

 
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