Profit for the quarter was Dhs5.2bn, roughly in line with analysts’ median estimate of Dhs5.18bn
The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals
Monument Bank is focused on the overlooked ‘mass affluent’ segment in the UK
Abraj Energy was created in 2006 and owns about 20 land rigs
The first new generation store has been opened at ADNOC’s Sheikh Khalifa Energy Complex
The platform enables transaction banks to accelerate their digital transformation on cloud and onboard their SME and corporate clients in weeks rather than months
The dividend payout equals to 49 per cent of the lender’s net profit for 2020
The perpetrator allegedly stole the amount after threatening a bank employee that he would harm a customer with a gun
The relocation plan is expected to be completed in three phases by October this year
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Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead
The perpetual bond is callable after six years and pays a coupon of 6.125 per cent