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Companies

Microsoft on cloud nine
Microsoft reported quarterly profits ahead of most expectations, as revenues got a boost from its Xbox consoles and Internet cloud services for enterprises.
Mena CFO Strategies Index reveals strong GCC confidence
CFO opinion on strategy and implementations are proven to be regionally valued and globally influential. To date, most of the available data has been generated from either US or European cases.
Google launches new email service dubbed “Inbox”
The new "Inbox" service will be available for use on the Web as well as on various Android smartphones and iPhones.
Mena CFO Awards winners announced
The winners were announced on the sidelines of the eight Annual CFO Strategies Forum Mena, which opened for business on Wednesday.
Yahoo profit jumps to $6.8 billion
Yahoo said on Tuesday its quarterly profit surged with its sale of shares in Chinese internet powerhouse Alibaba, and that it was seeing signs of life in its mobile internet initiatives.
CBD’s 9-month net profit jumps over 18% to Dh890.1 million
The bank’s third quarter net profit increased by more than 21 per cent to Dh309 million, compared to Dh255 million for the same quarter last year.
Samsung devices get top US security clearance
The Samsung devices including Galaxy S4 and S5 were placed on a list of gadgets approved by the National Security Agency for managing classified information.
Apple seen riding higher on strong iPhone demand, iPad rebound
The company posted better-than-expected revenue on Monday on the back of a record iPhone launch that saw 39 million of the smartphones sold in the September quarter.
Dubai’s Aramex aiming for two acquisitions in 2015
Dubai-listed logistics firm Aramex is targeting at least two acquisitions in 2015 as part of the company growth strategy, its founder and vice-chairman said on Monday.
Damac and Paramount to expand
The new agreement is a major expansion on the current deal which has already seen four different projects announced in Dubai and Riyadh.
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