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Abu Dhabi lender Union National Bank's fourth-quarter profit fell 19.2 percent after the bank set aside more money to meet potential loan losses arising from exposure to Dubai Holding Group entities.
February 7, 2012 3:22UNB launches benchmark-sized 5-year dollar bond - leads; Bank aims to price this week; Citi, Deutsche Bank, HSBC mandated among others
November 1, 2011 11:31UNB roadshows in Asia and Europe this week as its $1 billion loan matures in end of this year. Bank plans to open a branch in Kuwait this year.
September 26, 2011 2:31Brokerage says bank has 1.3 bln dirhams exposure; Provisions for Dubai World to weigh on UNB's Q4 results; Nomura cuts UNB target price to 3.8 dirhams from 4 dirhams; UNB shares fall 0.9 percent
January 24, 2011 3:39
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
