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BENCHMARK EXCLUSIVES

RBI prunes CSB Bank’s proposal for MD’s ESOS by 88 pc

Volume of shares downsized from 34.70 lakh  to 4.33 lakh By CL Jose KOCHI/August 12-2021: The MD & CEO of the Thrissur-based CSB Bank will...

Many coop banks (PACS) could be ticking financial time bombs

Alpha Dhabi Holding unit buys 12.21 pc stake in Aldar from Mubadala

Auditors qualify Union Properties’ FY20 accounts too

Central Bank issues 2 new Payment Systems regulations

All 422 Articles

NEWS AROUND

Fall in bad loans helps PNB post Rs506 cr Q3 profit

BBN Report Net NPA down to 4.03 pc from 7.18 pc a year earlier MUMBAI/February 05-2021: A substantial decline in bad loans helped the second...

V-Guard acquires 19 pc stake in Mumbai-based Gegadyne Energy Labs for Rs33.5 cr

Legacy employees of ‘Catholic Syrian Bank’ now a minority!

Tata Power bags Rs488 cr solar project from KSEBL

CSB Bank playing safe with large gold loan portfolio

All 397 Articles

SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers

BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced a 10-year strategic preferred partnership...

UAE-UK deal to boost trade, export credit opportunities

GFH Group collective investments portfolio valued at AED991mn

Shuaa announces partnership with Arton

Auditors ‘qualify’ Gulfa Mineral Water accounts

All 60 Articles

GULF & ABROAD

Emirates NBD to sell controlling stake in Dubai Bank

CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the control of Dubai Government one way or other right from...

Takaful Emarat turns around; makes AED7mn profit

FAB completes payments business carve-out

Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts

Indosat Ooredoo to sell 4200 towers for $750 mn

All 313 Articles

CSB gives marching orders to hundreds of officers through new circular

January 22, 2019 CL Jose 1 BENCHMARK,

About 300 officers will retire two years in advance THRISSUR: A circular issued by Catholic...

RBI prunes CSB Bank’s proposal for MD’s ESOS by 88 pc

August 12, 2021 Benchmark Bureau 0 BENCHMARK,

Volume of shares downsized from 34.70 lakh  to 4.33 lakh By CL Jose KOCHI/August 12-2021:...

Many coop banks (PACS) could be ticking financial time bombs

August 8, 2021 Benchmark Bureau 0 BENCHMARK,

Sitting on too low capital; no count on bad loans By CL Jose KOCHI: The...

Emirates NBD to sell controlling stake in Dubai Bank

April 7, 2021 Benchmark Bureau 0 GULF AND ABROAD,

CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the...

Takaful Emarat turns around; makes AED7mn profit

April 6, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report DUBAI/April 05-2021: Takaful Emarat, the DFM-listed Shariah-compliant life and health takaful provider, has...

FAB completes payments business carve-out

April 4, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report Magnati now a fully-owned subsidiary of FAB ABU DHABI/April 04-2021: First Abu Dhabi...

Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts

March 31, 2021 Benchmark Bureau 0 GULF AND ABROAD,

CL Jose 'Negative cash flow, large current liabilities raise concerns' ABU DHABI/March 30-2021: The auditors...

Alpha Dhabi Holding unit buys 12.21 pc stake in Aldar from Mubadala

March 31, 2021 Benchmark Bureau 0 BENCHMARK,

BBN Report One of largest deal in UAE  is valued at AED3.5 bn ABU DHABI/March...

Indosat Ooredoo to sell 4200 towers for $750 mn

March 30, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report Sale and leaseback deal signed with Edge Point Indonesia DOHA (Qatar)/March 30-2021: Ooredoo...

AED500 mn redevelopment plan for Yas Mall

March 29, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report ABU DHABI/March 29-2021: Aldar Investment announced a AED500 million redevelopment plan for Yas...

Eshraq reports AED80 million net loss for FY20

March 29, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report Marina Rise project on schedule for completion ABU DHABI/March 29-2021: Eshraq Investments, the...

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GULF & ABROAD

Emirates NBD to sell controlling stake in Dubai Bank
CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the control of Dubai Government one ...
Read More
Takaful Emarat turns around; makes AED7mn profit
BBN Report DUBAI/April 05-2021: Takaful Emarat, the DFM-listed Shariah-compliant life and health takaful provider, has reported a net comprehensive income ...
Read More
FAB completes payments business carve-out
BBN Report Magnati now a fully-owned subsidiary of FAB ABU DHABI/April 04-2021: First Abu Dhabi Bank (FAB) on Sunday completed ...
Read More
More

SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers
BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced ...
Read More
UAE-UK deal to boost trade, export credit opportunities
By Renji C DUBAI/ November 24-2020: Etihad Credit Insurance (ECI) and the UK Export Finance (UKEF) have signed a reinsurance ...
Read More
GFH Group collective investments portfolio valued at AED991mn
GFH holds minority stakes in Snowflake, UiPath, DoorD, etcash, DataRobot, Samsara, BYJUs, Outreach BBN Report BAHRAIN/November 19-2020: The GFH Financial ...
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LATERAL VIEW

Saudi organisations witness dramatic increase in cyberattacks in 12 months
About 61% of attacks also involve operational technology, Tenable report shows Dubai: As cybercriminals continue their relentless attacks, 95% of ...
Read More
Google’s Pixel 4, Pixel 4a, Pixel XL are first smartphones to be certified by ioXt Alliance
Devices with ioXt SmartCert give consumers and retailers greater confidence in a highly connected world Dubai: Google’s three smartphones - ...
Read More
DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme
Applications exceed its previous record of 425 received in 2019 Dubai: The financial technology accelerator DIFC FinTech Hive has attracted ...
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TECH

Saudi organisations witness dramatic increase in cyberattacks in 12 months
About 61% of attacks also involve operational technology, Tenable report shows Dubai: As cybercriminals continue their relentless attacks, 95% of ...
Read More
Google’s Pixel 4, Pixel 4a, Pixel XL are first smartphones to be certified by ioXt Alliance
Devices with ioXt SmartCert give consumers and retailers greater confidence in a highly connected world Dubai: Google’s three smartphones - ...
Read More
DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme
Applications exceed its previous record of 425 received in 2019 Dubai: The financial technology accelerator DIFC FinTech Hive has attracted ...
Read More
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