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First Gulf Bank latest

The proposed merger, pending approvals by the banks' boards of directors, shareholders and regulators, would be credit positive for UAE banks. (Shutterstock)

September 11th, 2018 - 07:32 GMT

UAE Banks' Three-Way Merger a Boon for Banking System

ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders.

"The recovery in the economy is solid, the expectation is around 4 per cent"

May 16th, 2013 - 09:16 GMT

Dubai, Abu Dhabi markets inch upwards, reach a 3-year high

Dubai Financial Market

May 14th, 2013 - 02:17 GMT

Dubai Financial Market gains 0.5%, reaches four-year high

February 3rd, 2013 - 12:05 GMT

In Middle East, bank brands’ values slide

The UAE has set up a fund to cover Emiratis debts

December 5th, 2012 - 03:00 GMT

UAE sets aside $420 million to cover personal debts

The bourse rises 0.1 percent to 6,995 points, its highest close since May 29

August 13th, 2012 - 01:55 GMT

Saudi food stocks rocket to new high

"We are indeed using Islamic finance for our Abu Dhabi project. Details of the financing are to be released later," Burcu Geris

August 9th, 2012 - 02:49 GMT

Funds crash in for Abu Dhabi airport's billion dollar deal

Roads and Transport Authority officials Dr Aisha Al Busmait, Director of Marketing and Corporate Communication; Adnan Al Hammadi; Ramadan Abdullah, Director of Rail Operations; and Nasser Bu Shehab, Director of the Strategic Planning Department, addressing a Press conference on Monday.

July 31st, 2012 - 11:41 GMT

Metro ramps up the speed, gets you round Dubai faster

Both the IPOs in the third quarter 2011 were in Saudi Arabia raising a total of $219 million, with Hail Cement Company raising $131 million and United Wire Factories Company raising $88 million

November 21st, 2011 - 07:51 GMT

IPO market in GCC to remain sluggish

On Wednesday, Egypt’s bourse benchmark index closed 0.7 percent lower on mounting political tension

July 28th, 2011 - 08:16 GMT

Political tension drags down Egypt’s markets

Emirates Steel

August 25th, 2010 - 06:38 GMT

Emirates Steel signs US$ 1.1 billion project financing agreement

Al Bawaba

April 21st, 2010 - 12:53 GMT

First Gulf Bank Achieves Another Strong Performance

Al Bawaba

March 16th, 2010 - 09:03 GMT

du expands bill payment network with 7 new major Banks and 5 Money Exchanges