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National Bank of Abu Dhabi latest

The proposed merger, pending approvals by the banks' boards of directors, shareholders and regulators, would be credit positive for UAE banks. (Shutterstock)

September 11th, 2018 - 07:32 GMT

UAE Banks' Three-Way Merger a Boon for Banking System

ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders.

The new sukuk issue followed DP World's successful refinancing of over $1.1 billion of the existing $1.5 billion 2017 sukuk. (Port Technologies)

May 31st, 2016 - 04:02 GMT

DP World raises $1.2B in oversubscribed sukuk

Aabar invests globally in diverse sectors such as real estate, aerospace, energy and financial services. (Arab Economic News)

March 22nd, 2016 - 05:02 GMT

Abu Dhabi's Aabar Investments lands $4B loan deal

Al Bawaba

January 12th, 2016 - 07:17 GMT

Less liquidity due to weak bank deposits

Oil, gas, banking and financial sectors havewitness a steady decline in hiring activity due to falling oil prices. (File photo)

December 7th, 2015 - 11:17 GMT

Caution is the name of the hiring game in the UAE

NBAD is targeting Egypt because of the considerable amount of development, especially in New Cairo. (Shutterstock)

September 8th, 2015 - 04:00 GMT

Home loans at last for Egyptian expats in the UAE: NBAD launches new mortgage scheme

Al Bawaba

August 24th, 2015 - 04:30 GMT

Credit reports: a cure to out-of-control spending

Al Bawaba

June 22nd, 2015 - 02:34 GMT

Dubai inflation hits its highest level in years

Al Bawaba

June 16th, 2015 - 12:20 GMT

GCC stands to lose $240B due to falling oil prices

Al Bawaba

June 14th, 2015 - 05:21 GMT

Saudi market opening to foreigners a $1T opportunity

Consumers in the UAE are paying significantly more out of their pockets for living essentials. (File photo)

April 30th, 2015 - 02:27 GMT

Costlier by month: What are UAE households spending the most on?

Al Bawaba

April 27th, 2015 - 03:55 GMT

From 'relief to belief': Dubai index finally consolidating

Dubai’s index dropped 3.6 percent to a 10-week low of 3,408 points. All major stocks fell sharply and only a handful of small-caps closed higher.

March 19th, 2015 - 12:11 GMT

Panic sell-offs: Gulf markets slide after U.S. oil hits six-year low