DIB to seek shareholders’ nod to raise $9 bn through sukuks February 22, 2021 Benchmark Bureau 0 GULF AND ABROAD, By CL Jose To include $1.5 bn Tier 1 Islamic bonds DUBAI/February 21-2021: Dubai Islamic...
Deyaar drops capital reduction plan; FY20 loss at AED217 mn February 21, 2021 Benchmark Bureau 0 GULF AND ABROAD, By CL Jose Accumulated losses at AED1.75 bn account for 30.26 pc of share capital ...
COVID 19 lands Air Arabia ‘in the black’ with AED192 mn FY20 loss February 13, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN Report Revenue down 61 pc to AED1.85 bn; Posts AED20 mn Q4 profit DUBAI/February...
Mashreqbank reports first full-year loss in decades at AED1.21 bn February 12, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN report Impairment allowances grow 178 pc to AED3.36 bn DUBAI/February 11-2021: The Dubai-headquartered Mashreqbank,...
CBD FY20 net profit down 20 pc to AED1.12bn February 11, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN Report Impairment allowances up 40.5 pc to AED1.05 bn DUBAI/February 10-2021: Commercial Bank of...
Emaar Malls FY20 profit falls 70 pc to AED704 mn February 11, 2021 Benchmark Bureau 0 BENCHMARK, BBN Report 'Occupancy levels at Emaar Mall’s assets remained resilient' DUBAI/February 10-2020: Emaar Malls, the...
Aramex FY20 profit drops 43 pc to AED285 mn February 11, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN Report COVID boosts top-line revenue DUBAI/February 10-2021: Aramex, the leading global logistics and transportation...
DXB board urges shareholders to endorse Meraas offer to buy 100 pc shares February 11, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN Report Company reports AED2.66 bn loss for FY20 DUBAI/February 10-2021: DXB Entertainment’s board of...
DSI improves equity, reduces accumulated losses February 10, 2021 Benchmark Bureau 0 GULF AND ABROAD, By CL Jose Reports AED109 mn net profit for 2020 DUBAI/February 09-2021: The embattled and...
Central Bank calls on banks to help kickstart investment cycle February 10, 2021 Benchmark Bureau 0 GULF AND ABROAD, BBN Report CBUAE, govt willing to extend further help to businesses ABU DHABI/February 09-2021: Despite...