UAE banks' profits deteriorate; bad loans likely to go up
Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22-Nov-2020Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22-Nov-2020Klip offers a simple way for users to transfer money to others via a mobile number
TradeArabia - 10-Sep-2020Narrower margins and contraction in lending will pressure revenue, according to the global ratings agency
ZAWYA - 06-Jul-2020Cost pressures and digitization will cause shift in post-COVID hiring as well
ZAWYA - 30-Jun-2020The global ratings agency regards the coronavirus outbreak as a social risk under its ESG framework
ZAWYA - 21-Jun-2020Export credit company is also backing loans by FAB, ADCB, Emirates NBD, RAK Bank, HSBC, Standard Chartered and Natixis for UAE businesses.
Thomson Reuters Projects News - 19-Apr-2020To support businesses in the UAE by securing customer’s sales receivables
TradeArabia - 19-Apr-2020Dr. Raja Al Gurg will be taking over the role of her father, Easa Saleh Al Gurg
WAM (Emirates News Agency) - 25-Mar-2020Approved dividends amount to $50.40mln
Mubasher - 18-Mar-2020The fund is considering buying assets in Oman's Sohar Port and the United Arab Emirates' Umm Al Quwain
Reuters News - 03-Mar-2020Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
AD COMMERCIAL BK | 6.400 AED | 0.63 |
BANK OF SHARJAH | 0.636 AED | 0.633 |
COMM BK INT'L | 0.713 AED | 0.00 |
INVEST BANK | 0.450 AED | 0.00 |
MASHREQ BANK | 65.000 AED | 0.00 |
DXB COMM BK | 4.050 AED | 0.00 |
Dollar hits fresh three-year lows against commodity-linked currencies
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