FAB completes payments business carve-out
BBN Report Magnati now a fully-owned subsidiary of FAB ABU DHABI/April 04-2021: First Abu Dhabi...
Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts
CL Jose 'Negative cash flow, large current liabilities raise concerns' ABU DHABI/March 30-2021: The auditors...
Alpha Dhabi Holding unit buys 12.21 pc stake in Aldar from Mubadala
BBN Report One of largest deal in UAE is valued at AED3.5 bn ABU DHABI/March...
Indosat Ooredoo to sell 4200 towers for $750 mn
BBN Report Sale and leaseback deal signed with Edge Point Indonesia DOHA (Qatar)/March 30-2021: Ooredoo...
AED500 mn redevelopment plan for Yas Mall
BBN Report ABU DHABI/March 29-2021: Aldar Investment announced a AED500 million redevelopment plan for Yas...
Eshraq reports AED80 million net loss for FY20
BBN Report Marina Rise project on schedule for completion ABU DHABI/March 29-2021: Eshraq Investments, the...
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...