CSB gives marching orders to hundreds of officers through new circular
About 300 officers will retire two years in advance THRISSUR: A circular issued by Catholic...
Three-fold surge in impairment loss lands Emirates Islamic in AED482mn FY20 loss
BBN Report DUBAI/January 27-2021: Emirates Islamic, the Islamic subsidiary of Emirates NBD, Dubai’s largest bank, closed...
FAB FY20 profit drops 16 pc to AED10.55 bn; Sayegh to retire soon
By CL Jose Dividend payout ratio to be 77 pc; assets down 4 pc since...
FAB in agreement to acquire Bank Audi’s Egypt subsidiary
By Amit Chettupuzha Deal expected to be through within a few months ABU DHABI, BEIRUT/January...
Aldar gets huge mandate for ‘capital projects’
BBN Report MoU signed between ADQ and Aldar ABU DHABI/January 20-2021: The Abu Dhabi Executive...
Tabreed and Masdar expand collaboration efforts
BBN Report ABU DHABI/January 21-2021: National Central Cooling Company (Tabreed), the leading UAE-based district...
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...
UAE banks’ assets decline MoM 1.2 pc to AED3.2 trn in November
BBN Report M1 up even as M2 and M3 fall during November ABU DHABI/January 17-2021:...
V-Guard acquires 19 pc stake in Mumbai-based Gegadyne Energy Labs for Rs33.5 cr
BBN Report KOCHI, January 15-2021: V-Guard Industries said its board has approved the acquisition of...
Arabtec mulls selling its prestigious subsidiaries – Target and AES
BBN Report Puts deNovo, Lumina Capital Advisors on the job DUBAI/January 13-2021: Arabtec, the construction...
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/...