We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

THE ECONOMY - BANKS

NBAD recognised internationally for sustainability

Posted on 29/06/2011

The National Bank of Abu Dhabi (NBAD) was the only Bank from the Middle East of 17 banks from across the globe, shortlisted for the Financial Times/IFC Sustainable Bank of the Year Award. The Award recognises banks that have shown excellence in integrating environmental, social and governance considerations into their business and, along with NBAD, Access Bank of Nigeria and Exim Bank of Tanzania were finalists in the Africa/Middle East region. "It's a true honour for NBAD to be one of the ...  >>MORE

Emirates NBD appoints new chairman

Posted on 27/06/2011

Sheikh Ahmed bin Saeed Al Maktoum has taken the helm at Emirates NBD, the UAE's largest bank, replacing Ahmed Humaid Al Tayer as chairman. A new deputy chairman and three new board members will also be appointed, according to the WAM news agency. The decision, which caught many in the industry by surprise, is a result of a reshuffle by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai. It is the latest in a string of boardroom changes among government companies in the ...  >>MORE

First Gulf Bank Increases foreign ownership limit to 25%

Posted on 22/06/2011

The Board of Directors of First Gulf Bank, the leading financial partner of choice in the UAE, yesterday held a meeting at FGB headquarters and discussed the foreign ownership limit of the bank. The Board of Directors approved an increase in the foreign ownership limit from 15% to 25%. Abdulhamid Saeed, Managing Director, First Gulf Bank, commenting on the announcement said: "FGB proactively looks to create optimised sustainable returns to its shareholders through maintaining strong business ...  >>MORE

Banks deposits rose by 2.1 per cent in March, says UAE Central Bank

Posted on 08/06/2011

UAE Central Bank announced that deposits of banks operating in the country increased by 2.1 per cent during month of March, reaching Dh1128.3 billion. Total bank loans and advances (net of provisions and interest suspense) increased by 0.6 per cent reaching Dh1054.1 billion, while total bank assets decreased slightly by 00.04 per cent, reaching Dh16995.3 billion at the end of April of the same year. The UAE Central Bank announced that money supply (currency in circulation + currency at banks) ...  >>MORE

Emaar to write off Dubai Bank investment in second quarter

Posted on 19/05/2011

Dubai-based Emaar Properties clarified yesterday that with Dubai government taking over Dubai Bank with immediate effect earlier this week, the real estate company, which had a 30 per cent stake in Dubai Bank, will write off its investment in the bank in the second quarter of the year. "The value of Emaar's investment in Dubai Bank as at March 31, 2011, was approximately Dh172m, which is approximately 0.3 per cent to Emaar's total assets and 0.56 per cent of its total equity at the end of ...  >>MORE

Al Tayer: "The local banking sector is witnessing a remarkable growth and we expect it to achieve good results this year"

Posted on 16/05/2011

Ahmed Humaid Al Tayer, Chairman Emirates NBD, the leading banking group in the region, has received a senior banking delegation from "Bank of America Merrill Lynch" in his office at Emirates NBD headquarters. The delegation was headed by Mr. Andrea Orcel, Executive Chairman '&' President of Emerging Markets. During the meeting, Ahmed Humaid Al Tayer, welcomed the delegation and highlighted the remarkable growth the National economy is witnessing in general and the banking sector in ...  >>MORE

Mashreq Bank's net profit rises 6 per cent to Dh265.3 million

Posted on 01/05/2011

Mashreq Bank reported a 6 per cent increase in its net profit in Q1 2011 to Dh265.3 million compared to Dh250.8 million for the same period in 2010, on operating income of Dh1.1 billion. In its first quarter results statement issued yesterday, Mashreq announced that its total assets remained flat at Dh84.8 billion compared with 31st Dec. 2010. Percentage of Liquid assets to Total assets remained stable at 32 per cent with Cash and due from banks at Dh27 billion. Total customer deposits ...  >>MORE

Dubai Islamic Bank posts 11% profit growth

Posted on 01/05/2011

Dubai Islamic Bank, or DIB, on Saturday declared an 11 per cent increase in its net profit for the first quarter of 2011, compared to the same period last year on the bank's sustainable growth and strong liquidity position. For the first quarter of 2011, the bank announced a net profit of Dh222 million, compared to Dh200 million in the corresponding period of 2010. This increase in net profitability marks a return to stable growth for the bank, which continues to witness a strong income ...  >>MORE

Emirates NBD profit up 27% on stake sale

Posted on 27/04/2011

Emirates NBD's first-quarter profit surged 27 per cent, boosted by gains from an asset sale, the UAE's biggest lender by assets said on Tuesday. The bank's net income rose to Dh1.41 billion in the first quarter from Dh1.1 billion a year ago, exceeding average profit estimates of Dh1.03 billion by analysts. Total income for the quarter declined by 12 per cent to Dh2.26 billion compared with Dh2.556 billion to the same period in 2010. Net interest income for the quarter declined by five per ...  >>MORE

ADIB Q1 earnings soar 17% to Dh339.3 million

Posted on 27/04/2011

Abu Dhabi Islamic Bank, or ADIB, earnings soared 17 per cent to Dh339.3 million in the first quarter of the year as assets, customer financing and deposits showed growth. The core banking business performance was strong as net revenues grew by 23.5 per cent to Dh813.8 million in the quarter. The Islamic lender was one of the most liquid banks in the UAE with customer deposits of Dh51.9 billion at the end of the quarter up against Dh49.9 billion at 31 March 2010. It exposure to interbank ...  >>MORE

First Gulf Bank registers net profits Dh875 million in Q1 2011

Posted on 26/04/2011

First Gulf Bank (FGB) has announced a net profit of Dh875 million in the first quarter of 2011. This represents an increase of Dh10 million or 1.2 per cent higher than Q4 2010 net profit of Dh865 million. The core banking revenues at Dh1,580 million was 8 per cent higher than last year and represented 99 per cent of the total revenue, this compares to 88 per cent in the first quarter of last year. For four consecutive quarters, FGB has shown consistent positive growth in net profit. ...  >>MORE

Sharjah Islamic Bank announces 3.7 per cent rise in net profit

Posted on 19/04/2011

Sharjah Islamic Bank announced its 1st quarter 2011 results with net profit of Dhs70.0 million, compared to 67.5 million achieved in the same period last year achieving a 3.7% increase. The balance sheet grew since December 2010 with total Assets reaching Dhs17.1bn compared to Dhs16.7bn growing by 2.8%. Net customer receivables reached Dhs10.3bn compared to Dhs9.7bn in Dec 2010 increasing by 6.3% while customer deposits reached Dhs11.1bn, compared with Dhs10.4bn in Dec 2010 increasing by ...  >>MORE

Retail banking in UAE could lead industry’s growth by 10%

Posted on 12/04/2011

Retail banking is expected to lead the industry's growth by 10 per cent over the next five years but poor customer service, lack of talent and political risk are immediate challenges, according to industry insiders. "The crisis has permanently changed the dynamics of the banking industry. Retail is the new boom, if you like. It is more sustainable, it's got less volatility, it's more predictable. It's almost become the backbone of banks," said Suvo Sarkar, general manager of consumer banking ...  >>MORE

Dubai Islamic Bank buys US$102m stake in Tamweel

Posted on 04/04/2011

Dubai Islamic Bank PJSC paid Dh374.7 million (US$102 million) to buy a controlling stake in Tamweel PJSC as the United Arab Emirates' biggest Islamic lender sought to boost mortgage financing in Dubai. Dubai Islamic paid Dh318.6 million in cash and Dh56.1 million in treasury shares for the stake, according to the bank's annual report distributed last Thursday. The lender in September raised its share in Tamweel to 58.3 per cent from 21 per cent, without disclosing the value of the ...  >>MORE

First Gulf Bank pulls the plug on Libyan operations

Posted on 03/04/2011

First Gulf Bank has shut its operations in Libya to comply with UN sanctions just months after opening a second branch there, says its chief executive. The Libyan business was part of an international expansion strategy, which has also opened offices in India, Singapore and Qatar. "It's a case of wait and see, like for any other foreign investors," said Andre al Sayegh, the bank's chief executive, of the Libyan closure. "The bank has a management agreement, but it has been discontinued ...  >>MORE

UAE Central Bank announces increase in money supply

Posted on 28/03/2011

The Central Bank of UAE announced yesterday that the money supply M0 (currency in circulation + currency at banks) increased by 2.3%, from Dh46.9 billion at the end of January 2011 to Dh48.0 billion at the end of February of the same year. Meanwhile, money supply M1 (currency in circulation plus monetary deposits, i.e., current accounts and call accounts at banks) increased by 2.4%, from Dh236.9 billion to Dh242.7 billion. As regards money supply M2 which comprises M1 plus quasi-monetary ...  >>MORE

ADCB to sell stake in Malay lender

Posted on 27/03/2011

Hong Kong/Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) has hired Goldman Sachs to sell its 25 per cent stake in Malaysian bank RHB Capital valued at US$1.4 billion (Dh5 billion), two sources with direct knowledge of the matter told Reuters yesterday. ADCB had shortlisted three to four banks and it was still deciding whether to appoint a second adviser for the sale, sources added. The proposed sale is expected to draw interest from Chinese banks and other Asian buyers due to Malaysia's ...  >>MORE

Tele-marketing of financial products banned in UAE

Posted on 23/03/2011

The UAE Central Bank has put a stop to banks selling loans and other financial products to customers over the telephone, a move bankers said on Tuesday will benefit banks as well as their potential customers. "It has been decided to prohibit marketing bank loans and other services offered to individual customers through direct contact by telephone," said the Central Bank in a circular issued to banks operating in the country. In doing so, the apex bank has responded to complaints by UAE ...  >>MORE

UAE banks restart lending in first two months of 2011

Posted on 22/03/2011

The first two months of this year indicate that banks have begun relaxing their strict lending policies and that investors' confidence is gradually returning to the UAE, economic data indicates. After months of cautious mood, banks have begun to loosen up their muscles and started lending again thanks in part to an increase in customer deposits. On an annual basis, the UAE's bank deposits went up by 9 per cent in January while bank loans increased by 8 per cent. Banks were thus able to ...  >>MORE

Jersey Finance opens Abu Dhabi office

Posted on 21/03/2011

Jersey Finance, the representative body for the finance industry in the British Channel Island of Jersey, opened its regional office for the Gulf Co-operation Council and India in Abu Dhabi yesterday. To coincide with the opening of the office, the island's Deputy Chief Minister and Treasury Minister, Senator Philip Ozouf, arrived in Abu Dhabi on Saturday 19th March, on a three-day visit, leading a delegation of government and finance industry officials. "Jersey Finance's new office in Abu ...  >>MORE

Central Bank Governor: No unusual movements in bank operations

Posted on 11/03/2011

UAE Central Bank Governor said yesterday that no unusual movements in bank operations, either withdrawals or transfers, have been noticed in the country during the past months in the light of the developments witnessed in the region. Sultan Bin Nasser Al Suwaidi also said that UAE will deal with any migratory assets, portfolios or accounts arriving in the country in accordance with international laws combating money laundering and terrorism financing if it is asked to do so. Speaking to the ...  >>MORE

Bank deposits increased by 0.7% during the month of January 2011: Central Bank

Posted on 06/03/2011

The UAE Central Bank announced that money supply M0 (currency in circulation + currency at banks) decreased by 1.9%, from Dh47.8 billion at the end of December 2010 to Dh46.9 billion at the end of January 2011. Meanwhile, money supply M1 (currency in circulation plus monetary deposits, i.e., current accounts and call accounts at banks) increased by 1.7%, from Dh232.9 billion to Dh236.9 billion. In a statement on monetary and banking developments for January 2011, the bank said money supply ...  >>MORE

Abu Dhabi Islamic Bank offers Dh250 million syndicated Islamic financing for ENPI

Posted on 01/03/2011

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced yesterday that it had closed Dh250 million syndicated Islamic financing deal for Emirates National Factory for Plastic Industries L.L.C. (ENPI), the UAE's leading manufacturer of plastic packaging solutions, paper products and technologically-advanced plastic cards. ENPI is majority owned by Qatar First Investment Bank (QFIB). The financing will be used to expand ENPI's production facilities including the ...  >>MORE

NBAD wins best arranger of Middle Eastern Loans Award

Posted on 27/02/2011

The National Bank of Abu Dhabi (NBAD) has won the "Best Arranger of Middle Eastern Loans” award at Euroweek's 8th Annual Syndicated Loans and Leveraged Finance Awards 2010, as the first bank from the region to win this award. The National Bank of Abu Dhabi (NBAD) has won the "Best Arranger of Middle Eastern Loans” award at Euroweek's 8th Annual Syndicated Loans and Leveraged Finance Awards 2010, as the first bank from the region to win this award. Euroweek, a London-based weekly ...  >>MORE

Foreign banks take Dh35 billion out of UAE in 10 months

Posted on 24/02/2011

Foreign banks siphoned nearly Dh35 billion out of the UAE's banking system in the first 10 months of 2010 in a reversal of their previous rush for investment following growing speculation about an appreciation of the dirham against the US dollar. From around Dh93.1 billion at the end of 2009, their deposits with the UAE's 23 banks and 28 foreign units plunged to nearly Dh57.9 billion at the end of November 2010, figures by the central bank showed. The bulk of the withdrawal was in the first ...  >>MORE

Emirates signs US$2.2 Billion TotalCare deal with Rolls-Royce

Posted on 15/02/2011

Rolls-Royce, the global power systems company, has signed a TotalCare long term services contract valued a US$2.2 billion with Emirates, covering Trent engines for 70 Airbus A350XWB aircraft. This contract brings the airline's entire Rolls-Royce powered fleet of 128 aircraft under TotalCare arrangements. "Emirates' 70 A350 aircraft on order will play an important role in our growth when they come online in the next few years. This TotalCare contract with Rolls-Royce is an important step in ...  >>MORE

Abu Dhabi Islamic Bank posts Dh1b profit on strong growth fundamentals

Posted on 15/02/2011

Abu Dhabi Islamic Bank (ADIB), the UAE's second largest Islamic bank in terms of assets, yesterday reported a net profit of Dh1.02 billion for 2010 compared to Dh78 million in 2009. Net income for the fourth quarter of last year stood at Dh114.1 million after reporting a loss of Dh623.3 million in the same quarter in 2009. The bank's credit provisions and impairments for the quarter were down 68 per cent, at Dh343.8 million compared to Dh1.06 billion in the fourth quarter of last year. ...  >>MORE

Banks eye return to growth in 2011

Posted on 14/02/2011

The full year financial results of UAE banks for 2010 point to a slow but steady recovery in the sector bolstered by declining loan losses and portfolio impairments and rising liquidity resulting from improving deposits. Bankers and analysts say after going through a prolonged period of balance sheet repair the business environment is ripe for loan growth. Emirates NBD, the UAE's largest bank by assets, reported its fourth-quarter profit more than doubled as provisions shrank 79 per cent to ...  >>MORE

UAE banks’ deposits up by Dh67b

Posted on 08/02/2011

Total bank deposits held by all UAE banks jumped year-on-year by Dh67 billion in 2010 and loans also recorded an increase of Dh13.6 billion last year, according to the annual data released by the UAE Central Bank on Monday. Deposits exceeded loans for the third consecutive month in December while bank deposits also crossed the Dh1 trillion mark in August. It reached Dh1,049.6 billion by the end of 2010, compared to Dh982.6 billion as on December 31, 2009. Total outstanding loans jumped to ...  >>MORE

NBAD receives "A+" rating from R'&'I

Posted on 06/02/2011

The National Bank of Abu Dhabi (NBAD) received "A+" rating, from Rating and Investment Information Inc (R'&'I), a Japanese rating agency. The A+ rating gives NBAD a "Stable Outlook." The latest rating by R'&'I is among a string of positive ratings the Bank has consistently received, for instance from Fitch Ratings. "We are pleased that rating agencies continue to affirm NBAD's strong position," said Michael Tomalin, NBAD's Group Chief Executive. "The affirmation of our strong ratings is a ...  >>MORE

First Gulf Bank registers a new record for 2010

Posted on 03/02/2011

Led by strong revenue growth in its core banking operations, First Gulf Bank PJSC., one of the largest equity based banks in the UAE, recorded a net profit of Dh3.420 billion for the year 2010. This represents an increase of Dh110.1 million or 3% higher than 2009 net profits. Consistency in financial performance in terms of positive growth in profitability, revenues, solid balance sheet ratios such as liquidity, capital adequacy and most importantly the strength of its core banking operations, ...  >>MORE

UAE's National Bank of Abu Dhabi closes 28 branches in Egypt

Posted on 02/02/2011

The National Bank of Abu Dhabi, or NBAD, announced closure of all of its 28 branches in Egypt in line with the Central Bank of Egypt instructions from Egypt's central bank. NBAD, in an emailed statement, said "We are committed to our people and customers and are monitoring the position on a daily basis. We look forward to continue serving our customers in Egypt as soon as banks reopen." The National Bank of Abu Dhabi (NBAD) has been operating in Egypt since 1975. The Bank has 28 branches, ...  >>MORE

NBAD expects 10% rise in this year's profit

Posted on 02/02/2011

National Bank of Abu Dhabi's (NBAD) operating profits are expected to rise 10 per cent this year compared to last year, NBAD group chief executive officer Michael Tomalin told Gulf News in a telephone interview on Tuesday, shortly after the bank announced its fourth quarter financial results. "The increase in the net profit would depend on the provisions that we have to take in 2011," said Tomalin. NBAD's net profit for the fourth quarter last year rose 71 per cent on year to Dh732 million ...  >>MORE

Commercial Bank of Dubai reports net profit of Dh821 million last year

Posted on 31/01/2011

Commercial Bank of Dubai (CBD) has announced a net profit of Dh821 million for the year ended on December 31, 2010, up by 2.2 per cent as compared to Dh803 million for 2009. The fourth quarter net profit in 2010 was up by 7.7 per cent when compared to the same period in 2009. Total income for 2010 was Dh1,890 million a 6.9 per cent increase compared to Dh1,768 million last year. Mainly as a result of lower funding cost, the Bank's net interest income increased by 5.2 per cent to Dh1,385 ...  >>MORE

RAKBANK announces record profit for 2010

Posted on 31/01/2011

RAKBANK has announced Dh1,002.75 million profit in 2010, an increase of 38.1% in net profit compared with Dh726.2 million for the previous year. RAKBANK has successfully surpassed the billion dirham profit mark in 2010 as it continued to focus on good opportunities in its chosen lending segments of personal, auto, and small and medium enterprise (SME) loans, in addition to credit cards and mortgages. "RAKBANK's record results at a time of sluggish market conditions are a testament to the ...  >>MORE

Emaar may issue dollar bond today

Posted on 27/01/2011

Emaar Properties, the developer of the world's tallest building, plans to issue a benchmark dollar bond and pricing is expected to be announced on Thursday (today), according to sources. Last week, the developer announced that the company had hired top three global banks to arrange fixed-income meetings ahead of a possible bond issue. The UAE's biggest developer by market value asked HSBC, Royal Bank of Scotland and Standard Chartered to arrange meetings which started on January 21 and took ...  >>MORE

ADCB reports full year 2010 net profit of Dh391 million

Posted on 26/01/2011

Abu Dhabi Commercial Bank PJSC (ADCB) yesterday reported its results for the year ended 31 December 2010 subject to approval by the UAE Central Bank. Annual highlights - Year on year comparison (2010 vs. 2009) Pre - provision profits at record level, up 14% at Dh3,687 million. Operating income at record level, up 12% at Dh5,336 million. Customer deposit growth of 23% at Dh106 billion vs. net loan growth of 5% at Dh123 billion. Loan to deposit ratio at 116% down from a high of 151% in ...  >>MORE

Sharjah makes headway as banks brace themselves

Posted on 24/01/2011

Sharjah Islamic Bank led a gain in the banking sector yesterday as investors began positioning themselves before the release of fourth-quarter results. The bank, which has already reported its fourth-quarter results, rose 2.13 per cent to 96 fils. Among stocks that rose, it was the most traded in Abu Dhabi. Banks were among the only shares to gain yesterday, as Abu Dhabi Islamic Bank also rose 0.66 per cent to Dh3.05, Abu Dhabi Commercial Bank edged up 1.48 per cent to Dh2.06 and First Gulf ...  >>MORE

UAE banks to return to profit growth in 2011

Posted on 16/01/2011

UAE banks are set to return to profit growth in 2011 and the next two years following a turbulent period over the past two years because of the 2008 global fiscal crisis and regional debt defaults, according to a Kuwaiti bank. The government-controlled Abu Dhabi Commercial Bank (ADCB), which reeled under losses in 2009 due to its heavy exposure to defaults, could boost its net earnings by more than five times, Global Investment House (GIH) said. The Dubai-based Emirates NBD, the largest ...  >>MORE

Money Supply M1 in November remained at the same level as in October at Dh231.4 billion

Posted on 03/01/2011

The UAE Central Bank announced yesterday that at the end of November 2010, Money Supply M1 (currency in circulation plus monetary deposits, current accounts and call accounts at banks) remained at the same level as in October, at Dh231.4 billion. Broad Money Supply, M2 which comprises M1 plus quasi-monetary deposits (the sum of resident time and savings deposits in Dirhams, commercial prepayments in Dirhams and resident deposits in foreign currencies) decreased from Dh797.4 billion as at the ...  >>MORE

UAE bank assets surge to Dh1.6tr

Posted on 03/01/2011

The UAE Central Bank said total bank assets increased by 7.5 per cent, reaching Dh1.6 trillion at the end of last November. "Bank loans and advances increased 0.3 per cent during November and by 2.3 per cent during the first 11 months of 2010. [This] reflects banks' cautiousness and low demand from the private sector," the Central Bank said in a statement yesterday. "When loans increase, it shows that there is an increase in investments, and this is a sign of a progressive economy," Dr ...  >>MORE

Page: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51

RETURN TO TOP | WAM UP TO THE MINUTE NEWS

Quick List

NBAD recognised internationally for sustainability


Emirates NBD appoints new chairman


First Gulf Bank Increases foreign ownership limit to 25%


Banks deposits rose by 2.1 per cent in March, says UAE Central Bank


Emaar to write off Dubai Bank investment in second quarter


Al Tayer: "The local banking sector is witnessing a remarkable growth and we expect it to achieve good results this year"


Mashreq Bank's net profit rises 6 per cent to Dh265.3 million


Dubai Islamic Bank posts 11% profit growth


Emirates NBD profit up 27% on stake sale


ADIB Q1 earnings soar 17% to Dh339.3 million


First Gulf Bank registers net profits Dh875 million in Q1 2011


Sharjah Islamic Bank announces 3.7 per cent rise in net profit


Retail banking in UAE could lead industry’s growth by 10%


Dubai Islamic Bank buys US$102m stake in Tamweel


First Gulf Bank pulls the plug on Libyan operations


UAE Central Bank announces increase in money supply


ADCB to sell stake in Malay lender


Tele-marketing of financial products banned in UAE


UAE banks restart lending in first two months of 2011


Jersey Finance opens Abu Dhabi office


Central Bank Governor: No unusual movements in bank operations


Bank deposits increased by 0.7% during the month of January 2011: Central Bank


Abu Dhabi Islamic Bank offers Dh250 million syndicated Islamic financing for ENPI


NBAD wins best arranger of Middle Eastern Loans Award


Foreign banks take Dh35 billion out of UAE in 10 months


Emirates signs US$2.2 Billion TotalCare deal with Rolls-Royce


Abu Dhabi Islamic Bank posts Dh1b profit on strong growth fundamentals


Banks eye return to growth in 2011


UAE banks’ deposits up by Dh67b


NBAD receives "A+" rating from R'&'I


First Gulf Bank registers a new record for 2010


UAE's National Bank of Abu Dhabi closes 28 branches in Egypt


NBAD expects 10% rise in this year's profit


Commercial Bank of Dubai reports net profit of Dh821 million last year


RAKBANK announces record profit for 2010


Emaar may issue dollar bond today


ADCB reports full year 2010 net profit of Dh391 million


Sharjah makes headway as banks brace themselves


UAE banks to return to profit growth in 2011


Money Supply M1 in November remained at the same level as in October at Dh231.4 billion


UAE bank assets surge to Dh1.6tr