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:...
Author: Benchmark Bureau
Many coop banks (PACS) could be ticking financial time bombs
Sitting on too low capital; no count on bad loans By CL Jose KOCHI: The...
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...
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...
FAB completes payments business carve-out
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
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
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
BBN Report Sale and leaseback deal signed with Edge Point Indonesia DOHA (Qatar)/March 30-2021: Ooredoo...
AED500 mn redevelopment plan for Yas Mall
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
BBN Report Marina Rise project on schedule for completion ABU DHABI/March 29-2021: Eshraq Investments, the...