Oman’s Abou Nabil heaps Sultanate’s leading banks with $325 mn bad loans
India, UAE banks too have large exposures to the troubled group MUSCAT/January 22-2021: The huge...
Author: CL Jose
FAB’s CNY1.5bn issue becomes second bond in 2 days
BBN Report Bank all set to cross AED1trn in assets after Q4 results ABU DHABI/...
Emirates NBD may have to issue more bonds this year
Bank needs to honour AED16.5 bn worth redemptions this year DUBAI/January 07-2021: Emirates NBD, the...
Six health assets brought under newly formed Mubadala Health
Mubadala Health to seek forging global partnership ABU DHABI/January 06-2021: Mubadala Investment Company, Abu Dhabi’s...
Tabreed and Miral sign cooling agreement for SeaWorld Abu Dhabi
ABU DHABI/January 06-2020: National Central Cooling Company (Tabreed) has signed an agreement with Miral to...
CSB Bank playing safe with large gold loan portfolio
Gold loans grew 60 pc last year; now represents 42 pc of gross advances KOCHI/January...
Large promoter holding leads to low traded value/market cap ratio in UAE bourses?
FOL fails to grow though several companies raised limits in recent past DUBAI-ABU DHABI/December 30-2020:...
UAE records AED4.2 bn surplus operating balance in Q2 even as taxes nosedive 59 pc
UAE's projected recovery likely to help its GDP grow 2.5 pc in 2021 ABU DHABI/December...
COVID clouds loom large, but banks see a silver lining in India
Gross NPA declines to 7.5 pc; CRAR improves to a healthy15.8 pc MUMBAI/December 29-202: The...
No compromise on debt servicing despite 14 pc cut in Dubai budget size
Salaries, wages too witnessed marginal increase in allocation DUBAI/December 28-2020: The downsizing of the 2021...