RAKBank reports AED1.1bn nine-month net profit
RAKBank on Thursday reported a nine-month net profit of AED1.1 billion, down 64 million (about 5.3%) compared to AED 1.13 million reported in the corresponding period in 2013.
UAE's Waha Capital sees asset growth with USD500m investment - CEO
Abu Dhabi-based investment firm Waha Capital expects its assets to grow about 25% in the next two or three years as it invests USD 500 million in the region's energy, healthcare and education sectors.
UAE IPO pipeline looks strong in first half of 2015-PwC
The pipeline of IPOs (Initial Public Offering) looks quite strong at least in the first half of 2015, but falling equity markets and crude oil prices might have a knock on impact in the later part of the year, PricewaterhouseCoopers said.