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Bank of Abu Dhabi latest

The merger between the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) last year is reported to have resulted in numerous jobs cuts. (Photo: NBAD)

March 4th, 2018 - 10:16 GMT

Abu Dhabi Banks Slash 1,300 Jobs in Cost-Cutting Drive

The total number of employees in the sector fell from 13,200 at end of 2016 to 11,900 in 2017.

Abu Dhabi Securities Exchange (ADX) was among the few markets that did well in April and gained 1.8 percent. (AFP/ File)

May 8th, 2017 - 01:14 GMT

Poor Investments, Lack of Liquidity Drag MENA Markets Down in April: Report

The new merger, if agreed, would create an entity with total assets amounting to around QAR173bn ($48bn) and a market share of around 14 percent. (File photo)

February 21st, 2017 - 07:30 GMT

Proposed merger of Qatari bank trio would create country's second largest lender

When it comes to the question of cyber-security, organisations in the region have shown a rather cavalier attitude, dominated by a ‘why me?’ mind-set. (Shutterstock)

February 12th, 2017 - 12:32 GMT

MENA M&As are prime targets for cyberattacks: FireEye

The merger will create an entity with Dh642 billion in total assets, making the combined bank the largest in the Middle East and North Africa.. (Aisbrandlab.com)

July 3rd, 2016 - 11:00 GMT

UAE's $175B NBAD, FGB merger gets green light from board members

The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position  and economic strength. (Argaam)

May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks

Essential food items and daily necessities will be VAT-exempt. (File photo)

April 17th, 2016 - 11:00 GMT

VAT in GCC: Inflation could drive up costs of doing business

Household spending on transportation will go up further, by around 25 per cent for some drivers, if the new parking fees will be taken into account. (Shutterstock)

March 30th, 2016 - 10:46 GMT

When you feel the pinch in your wallet, how do you cut back?

Al Bawaba

January 20th, 2016 - 08:00 GMT

Cementing their position: Aldar Properties pushes forward with $245M investment program

Al Bawaba

January 11th, 2016 - 10:58 GMT

Risk-taking not the way to go in 2016: analysts

Al Bawaba

November 18th, 2015 - 02:45 GMT

The economic cost of the Paris attacks: MENA is not immune

Al Bawaba

October 22nd, 2015 - 02:00 GMT

UAE businesses get VAT-ready

Al Bawaba

April 6th, 2015 - 06:16 GMT

In its first quarter: NBAD global sukuk Issuance at $3.96b.

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