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National Bank of Abu Dhabi 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.

February 3rd, 2013 - 12:05 GMT

In Middle East, bank brands’ values slide

Central bank introduced loan to value limits on mortgages

January 6th, 2013 - 08:09 GMT

Banks in the UAE demand mortgage law changes

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 UAE has approved a Dh44.6 billion ($12.1 billion) budget for 2013

October 31st, 2012 - 08:01 GMT

UAE approve 2013 budget plans

Saudi Arabia's economy takes a hit as fears grow for global economy

October 10th, 2012 - 08:04 GMT

Saudi slips up as global economy worsens

QNB

September 3rd, 2012 - 09:02 GMT

GCC bank sector shores-up more profits in first half 2012

Electronics retailers have not been the only parties planning to cash in on sport this summer

June 11th, 2012 - 10:49 GMT

UAE TV-sales summer-peak: sport season kicks-off

Even professional investors are not immune to falling markets

June 3rd, 2012 - 10:45 GMT

How to avoid irrational investment and get returns on the markets

The two sectors that attracted the most foreign direct investment (FDI) were oil and gas, and property

May 31st, 2012 - 09:57 GMT

FDI pours in to the Gulf

Annual consumer price growth in the $360 billion economy, the second largest among Arab countries

May 17th, 2012 - 10:03 GMT

UAE inflation skyrockets to 9-month peak

The UAE's markets were also hit, with the Dubai Financial Market General Index closing down 1.3 percent at 1,466.08

May 17th, 2012 - 09:45 GMT

Greek crisis' global impact felt in oil and shares

The balance sheets of UAE banks increased by 3.5 percent in 2011 and the UAE has the largest banking sector in the (MENA) region

March 21st, 2012 - 07:54 GMT

Banks thrive as Abu Dhabi grows