Auditors qualify Union Properties’ FY20 accounts too
By CL Jose Accumulated losses at 45.7% of share capital; plans share buyback DUBAI/March 23-2021:...
Central Bank asks Amlak to submit ‘capital plan’ before March-end
By CL Jose Accumulated losses at AED2.28 bn account for 152 pc of paid up...
TESS drawdown by UAE banks halves to AED22 bn since Q2 FY20
BBN Report Real economy projected to grow 2.5 pc in FY21 ABU DHABI/March 18-2021: While...
Central Bank issues 2 new Payment Systems regulations
BBN Report ABU DHABI/March 19-2021: The Central Bank of the UAE (CBUAE) has issued two...
Aldar offer for a majority stake in EGX-listed real estate company SODIC
BBN Report Eyes to acquire minimum 51pc of outstanding share capital ABU DHABI/March 14-2021: Aldar...
Dana Gas reports AED1.38 bn loss for FY20
BBN Report Group recognises non-cash impairment of AED894 mn SHARJAH/March 12-2021: Dana Gas Group reported...
DIC profit plunges 47pc to AED348 mn on fair valuation loss
BBN Report Recommends 8 pc cash dividend DUBAI/March 11-2021: Dubai Investments Group, comprising its subsidiaries,...
Shuaa FY20 profit grows 168pc to AED125 mn
BBN Report Board recommends 3 pc cash dividend DUBAI/ March 10-2021: Shuaa Capital, the leading...
SCA rejects Salama’s 5.25 fils/share special dividend
BBN Report Shareholders to ratify 8.25 fils semi-annual cash dividend DUBAI/March 08-2021: The Securities &...
IHC reports 6-fold increase in net profit to AED3 bn
BBN Report Strategic acquisitions helped group achieve growth ABU DHABI/March 07-2021: Abu Dhabi-based strategic investment...