Union National Bank | Al Bawaba

Union National Bank latest

It will become the second largest retail lender in the UAE by assets, with 21 per cent share of retail loans. (File/photo)

January 29th, 2019 - 01:17 GMT

Three Major UAE Banks Merge Creates Dh420 Billion Bank

Abu Dhabi Commercial Bank, Union National Bank and privately-held Al Hilal Bank have on Tuesday announced a merger.

Despite a rise in yield on credit, driven by an increased cost of funds net interest margin (NIM) declined with five of the top 10 banks witnessed a decline. (Shutterstock)

July 16th, 2018 - 11:20 GMT

Report: Banking Sector in UAE to Record Higher Profitability and Liquidity in 2018

UAE residents found it harder to get approvals for new credit cards in the first quarter of the year, according to a new report from comparison site compareit4me.com. (Pixabay)

May 3rd, 2017 - 11:51 GMT

The Reason Why People Find it Harder to Get a Credit Card in UAE Is Beyond Annoying

What do banks do with $476.5 billion? (File photo)

April 23rd, 2017 - 04:57 GMT

Are they too rich or am I too poor? Total assets of top UAE banks hit $476.5B

The new sukuk issue followed DP World's successful refinancing of over $1.1 billion of the existing $1.5 billion 2017 sukuk. (Port Technologies)

May 31st, 2016 - 04:02 GMT

DP World raises $1.2B in oversubscribed sukuk

A contingency fund should ideally have at least three months of running expenses. (Shutterstock)

April 21st, 2016 - 09:45 GMT

How to save for a contingency fund

The new green loan is designed to encourage more firms to pursue energy efficient development in the UAE (File Archive/Shutterstock)

April 28th, 2014 - 11:00 GMT

UAE launches first regional "Green Loan"

Emirates Airline has finalised paperwork on its $23 billion order for 50 Airbus A380s that was announced at the Dubai Airshow last month.

December 24th, 2013 - 03:55 GMT

Emirates airlines completes paperwork for airbus shopping spree

The JV partners are to build the QAR 8.46 billion ($2.32 billion) Red Line North Underground line for Doha Metroon behalf of Qatar Railways Company.

October 2nd, 2013 - 01:34 GMT

Qatar's Red Line is a step closer to being crossed

US Secretary of State John Kerry said that there is “only a political solution to Syria’s war, not a military one”.

September 9th, 2013 - 01:16 GMT

Jittery GCC markets soothed by Kerry's words

Emirates Securities Market

May 30th, 2013 - 04:00 GMT

Banking, construction pushes UAE bourses up

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

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