ADCB Q1 Net Profit Beats Estimates, Up 38 Percent
The bank posted a net profit of 802 million dirhams ($218.52 million) in the first quarter, compared with 583 million dirhams a year earlier, ahead of analysts' forecasts.
April 25, 2012 10:17
UAE lender ADCB’s Q4 net profit surges, shares rise
Q4 earnings jump 38.5 pct, misses forecasts but shares climb; Provisions down, interest and Islamic finance income up
January 28, 2012 1:36Lloyds in talks to offload UAE business, ADCB likely buyer
Lloyds Banking Group in talks to sell UAE business - sources; Abu Dhabi Commercial Bank seen frontrunner to buy Lloyds operations
January 9, 2012 11:13Abu Dhabi’s ADCB eyes Benchmark bond in H1 2012
New bond an option to meet upcoming debt maturities; ADCB has $1.5 bln loan maturing March 2012; Bank has "minimal" exposure to Europe
November 22, 2011 2:18ADCB to net $272 mln in profits from RHB stake sale
ADCB sold its 24.9 percent stake in RHB to Aabar; Says funds to be used to strengthen balance sheet; ADCB shares rise 2.5 percent on Abu Dhabi bourse - reuters
June 19, 2011 10:27UAE bank ADCB’s Islamic head resigns, to join RAKBank
Khumri to take up new post at the end of the month
March 14, 2011 4:06Abu Dhabi Commercial Bank concludes its acquisition of royal bank of scotland’s retail banking business in the UAE
Meticulous planning ensures smooth cut-over of the retail and SME banking business of RBS to ADCB.
October 22, 2010 3:51UAE lender ADCB launches 500 mln ringgit bond sale
ADCB is the second bank from the emirate to issue a Malaysian currency bond this year.
August 17, 2010 9:03ADCB acquires RBS retail banking business
The deal is worth a reported $100 million.
June 17, 2010 8:58Moody’s downgrades ADCB to A1
International rating agency Moody’s Investors Service downgraded Abu Dhabi Commercial Bank on Monday to A1 from Aa3…
December 30, 2009 1:47ADCB Q3 net profit falls 90 percent
Abu Dhabi Commercial Bank (ADCB) posted a…
October 27, 2009 10:17Saad and Algosaibi owe ADCB AED2.24 billion
Abu Dhabi Commercial Bank (ADCB) is owed AED2.24 billion by troubled Saudi firms…
September 23, 2009 2:56
Qatar's Leverage Over Banks Is On The Wane
Qatar needs to find a home for billions of dollars raised from gas exports each year, writes Una Galani.
May 22, 2013 9:43
First report by Etisalat covering global footprint
Telecom company exhibits its high impact projects, including Mobile Baby.
May 21, 2013 6:01
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24