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NBAD and FGB will officially merge on April 1 and shares of the new entity will begin trading in Abu Dhabi the next day. [Read More]
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'The higher transport costs were likely linked to the rise in fuel prices in January,' said Monica Malik, the chief economist at Abu Dhabi Commercial... [Read More]
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JP Morgan says surge of bond issuances in the Middle East to help it keep market share this year after 2016 bumper harvest. [Read More]
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Gavin Basma-Kwas is the investment director at Beehive UAE, the country's first peer-to-peer online lending platform. [Read More]
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The banks will officially merge a day earlier. [Read More]
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UniCredit plans to provide financial services to businesses between the region and Europe and the wider Middle East from its base in Abu Dhabi Global... [Read More]
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'UniCredit has a very good business model, to be a simple European commercial bank, simple because simplicity is important today for the client.'... [Read More]
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'The poll result shows the active focus of the UAE population on the recent macro and micro economic events in the region,' said Dushyant Gupta,... [Read More]
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Dubai non-oil business activity improved the most in almost two years, according to the Emirates NBD economy tracker. [Read More]
The strong US dollar hurts inflow from countries whose currencies and economies have been battered. [Read More]
If Aabar or other shareholders do not buy the shares they are entitled to, they stand to lose 70 per cent of their existing shareholding... [Read More]
The bank's profit fell to Dh1.003 billion last year compared to Dh1.066bn in 2015. [Read More]
As a result of the capital reduction following the share buyback programme, the bank cancelled 397,366,172 shares with the total number of shares now standing... [Read More]
'We see this pickup as being partly driven by higher fuel prices,' said Monica Malik, ADCB's chief economist. [Read More]
Profit slipped to Dh441 million in the three months ended December 31 compared to Dh556m in the corresponding period of 2015, the bank said. [Read More]
The meeting may be one of the last for the bank in its current form before joining forces with its rival FGB. [Read More]
The financial advisory firm deVere Group says it has expanded into private banking with an acquisition in St Lucia. [Read More]
Abu Dhabi Shipbuilding says it's boosting commercial repair business amid regional slowdown in orders for new ships. [Read More]
The UAE has been among the countries in the region that have done a better job of diversifying its economy and coming up with new... [Read More]
Etihad Airways' group chief executive James Hogan says: 'We are committed to our equity partner strategy – it delivers a huge amount to our business.... [Read More]
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