DIB to seek shareholders’ nod to raise $9 bn through sukuks
By CL Jose To include $1.5 bn Tier 1 Islamic bonds DUBAI/February 21-2021: Dubai Islamic...
Author: Benchmark Bureau
Deyaar drops capital reduction plan; FY20 loss at AED217 mn
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
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
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
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
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
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
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
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
BBN Report CBUAE, govt willing to extend further help to businesses ABU DHABI/February 09-2021: Despite...