Banking and Finance

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

Emirates NBD to sell controlling stake in Dubai Bank

FAB completes payments business carve-out

Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts

Eshraq reports AED80m net loss for FY20

Central Bank asks Amlak to submit ‘capital plan’ before March-end

Central Bank issues two new Payment Systems regulations

Shuaa FY20 profit grows 168% to AED125m

Tabreed, IFC join hands to set up district energy investment platform

Invest Bank loss falls 39% to AED356m in FY20

Amanat acquires CMRC for AED851m

NMC Health’s 2021 EBITDA forecast surpasses FY19 by far!

Etisalat to set record for largest-ever cash dividend in Corporate UAE?

GFH acquires mission critical Chicago distribution centre

Large investment loss lands Al Ramz in AED11m loss for FY20

DIB to seek shareholders’ nod to raise $9 b through sukuks

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