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Abu Dhabi Finance

Emirates Palace hotel in Abu Dhabi

UAE’s capital ready to spend

The emirate of some 2 million people, which accounts for around 78 percent of overall fiscal spending in the UAE and is home to one of the world's largest sovereign wealth funds, does not publish its yearly budget plans and outcomes.

January 14, 2013 2:16
 
Abu Dhabi

Euro Zone woes deepen; Abu Dhabi banks in focus

Abu Dhabi Commercial Bank reported a second-quarter profit of 733 million dirhams, topping forecasts after the lender took lower provisions

July 25, 2012 1:16
 
The new kid on Abu Dhabi’s block

The new kid on Abu Dhabi’s block

While the aptly named, Frankensteinian mega-lender Abu Dhabi Finance may boost the UAE’s property market, it further blurs the line between the state and corporations.

November 26, 2008 1:45