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Companies

Plastics manufacturers ready for a significant rise in product portfolio
The 3rd Plastivision Arabia 2016 will provide regional manufactures instant access to new machinery, technologies and materials.
Thuraya and SamTech in partnership
The deal will enable SamTech to provide smart M2M solutions to transport and logistics enterprises across the Middle East and Africa, by using Thuraya’s congestion-free satellite network for cost-effective roaming and uninterrupted connectivity.
UAE Exchange, Yes Bank ink deal
Arun Agrawal, group president for international banking at Yes Bank, said: “This service will provide great convenience to our customers in the GCC which is an important focus region for Yes Bank.”
Apple Watch knockoffs for sale in China for just $45
‘Apple Smart Watch with Bluetooth Bracelet’, says one vendor on Alibaba Group’s popular Taobao e-commerce website.
Wall Street banks barely pass stress tests by Fed
Institutions lower ambitions for dividends and share buybacks
Better Sleep: Good mattress key to sound sleep
Better Sleep is the UAE’s first multi-brand sleep solutions store in Al Quoz.
Amlak posts 22% profit surge on debt restructuring
Amlak said in a financial report filed on Dubai’s bourse after six years of market absence that its net profit attributable to equity holders rose to Dh58.9 million in 2014 from Dh48.2 million a year earlier.
Tim Cook cites record sales and ‘unbelievable year’
Brand creates history with $700b market value
Union Insurance’s ’14 gross premium up 50%
Union Insurance Company reported a 50 per cent increase in gross insurance premium for the year ended 2014.
GM plans $5 billion share buyback, averts fight
GM said it had reached a deal with an investor group that averts a proxy fight over its balance sheet and governance.
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