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They also leased offices in South-East Asia, Dubai, the USA, and Latin America. [4] [22] In April 2022, TripMoney, the fintech arm of MakeMyTrip, announced the acquisition of BookMyForex, an online foreign exchange services provider, BookMyForex. [23] As of June 2023, they have 146 active franchisees operating in over 100 cities. [24]
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As of the first half of 2023, du has grown their mobile customer base to 8 million subscribers, and reached 559,000 broadband customers. [4] Its shares are listed on Dubai Financial Market and is regulated by the Securities & Commodities Authority and the Telecommunications And Digital Government Regulatory Authority (TDRA) of the UAE .
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As part of the Expo 2020 development in Dubai, an extension of the Red Line named Route 2020 [7] announced in December 2015 and originally due to be completed mid-2019. The extension project created a new section of the line from Jabal Ali to the Expo 2020 site, near Al Maktoum International Airport.
On 1 December 2012 Dubai Bank was acquired by Emirates NBD. [ 3 ] [ 4 ] [ 5 ] As of 31 December 2020, total assets were DH 698 billion , deposits of AED 464 billion, a total income of AED 23.21 billion, and a net profit of AED 7 billion, making it one of the top financial institutions of the UAE , with a brand value of US$ 3.89 billion. [ 6 ]