The British-United Arab Emirates All-Party Parliamentary Group’s purpose is to promote good relations between the parliaments and people of the UK and the UAE.

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Gordon BrownBritish finance minister Gordon Brown shows his red 'budget briefcase' as he leaves 11 Downing Street in London. Brown has announced that he will cut the basic rate of income tax in Britain from 22 percent to 20 percent in April 2008.

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The financial branding conference is gathering senior officials from various leading banks and financial institutions in the Middle East, India and Pakistan.

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DLA Piper has announced its global revenue for the year ending 31 December 2006, which has increased to $1.8 billion/£980.5 million/€1.4 billion.

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Ahli United Bank has been awarded ‘Best Bank in the Middle East 2007’ by the reputed magazine, Global Finance for the second year in a row, an honour achieved by very few other banks.

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The conference this year aims to highlight the solid underlying economic conditions for initial public offerings (IPO) in 2007.

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Niall Booker, currently Deputy Chairman and Chief Executive Officer of HSBC Bank Middle East Limited is to become Chief Operating Officer of HSBC Finance Corporation.

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NBD Twin Invest is a new investment product, offering customers the combined benefits of a high-return fixed deposit and long term investments.

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The new aircraft will be Qatar Airways’ fourth A340-600 and will be used to operate long-haul routes to Asia and North America.

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The IPO is the largest offering in UAE history to date and is open to both UAE and non-UAE nationals, including individual and institutional investors.

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The Sukuk was the first ever issued by the bank, which specialises exclusively in Islamic instruments.

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