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Abu Dhabi Banks Soar on Merger Talks

Shares in Abu Dhabi banks soared on Sunday after National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) confirmed they were holding merger talks. NBAD and FGB confirmed in a brief statement they were discussing a merger or combination of their businesses, in what...
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Solar Impulse 2. Reuters


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Motorists drive along Sheikh Zayed road in Dubai December 25, 2009.- REUTERS/MOSAB OMAR


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Massive downpours hit Abu Dhabi