ADCB Egypt prepares to launch package of digital services: CEO
The bank continued to expand its business activity despite the slowdown in some economic activities
Daily News Egypt - 01-Mar-2021
In partnership with
Abu Dhabi Commercial Bank PJSC (merged) (ADCB.AD)
Also known as: ADCB
Sharjah's UAB blames NMC exposure, 'legacy issues' for $182mln loss
Bank confirms its losses widened from 2019 to 2020
ZAWYA - 15-Feb-2021Rising oil, faster vaccine rollout, Expo 2020 to accelerate UAE recovery in H2
Monica Malik, chief economists at Abu Dhabi Commercial Bank, said GCC economic fundamentals will strengthen in 2021
Khaleej Times - 13-Feb-2021Mideast Stocks: Saudi leads most Gulf markets higher; Dubai index dips
Nine of 11 banks in Saudi Arabia gain
Reuters News - 07-Feb-2021Mideast Stocks: UAE markets lead gains, Saudi Arabia declines
Saudi index logs losses in 4 of last 5 sessions
Reuters News - 01-Feb-2021Zayed bin Suroor appointed as ADCB board member
He replaces Abdulla Khalil Al Mutawa
WAM (Emirates News Agency) - 01-Feb-2021Saudi sovereign fund to double assets in next five years to $1.07trln: Crown Prince
Strategy aims to create 1.8 million jobs by 2025
Reuters News - 24-Jan-2021Mideast Stocks: Most Gulf markets in red; Kuwait up on banks
Kuwait's c. bank allows lenders to distribute 2020 dividends
Reuters News - 24-Jan-2021Mideast Stocks: Abu Dhabi market leads broader gains
First Abu Dhabi Bank powers Abu Dhabi benchmark
Reuters News - 18-Jan-2021Abu Dhabi Police calls on drivers to benefit from ‘Early Payment of Traffic Fines Initiative’
Service aims to facilitate the payment of fines for drivers and vehicles owners, by offering payments via instalments
WAM (Emirates News Agency) - 07-Jan-2021Abu Dhabi's ADCB purchases stake in Alexandria Medical Services for $17.43mln
This transaction comes as a settlement for the bank's dues with BR Shetty
Mubasher - 31-Dec-2020Mideast Stocks: Saudi, Dubai lead broader regional gains on higher oil
Dubai gains for first time in the week
Reuters News - 29-Dec-2020ADGM completes 2020 with notable achievements, growth and new partnerships
ADGM continued to post steady growth across its three authorities
WAM (Emirates News Agency) - 27-Dec-2020Mideast Stocks: Major Gulf markets end mixed, Qatar snaps losing streak
Major stock markets in the Gulf were mixed when they closed on Thursday
Reuters News - 24-Dec-2020Saudi 2021 budget cuts spending after deficit spike on oil, COVID-19
Saudi Arabia expects the economy to shrink by 3.7% this year but to swing back to a 3.2% growth next year
Reuters News - 15-Dec-2020Oman income tax expected in 2022 in fiscal shake-up
None of the seven Gulf Cooperation Council states, all oil producers, currently collect income tax from individuals
Reuters News - 02-Nov-2020Mideast Stocks: Factors to watch on October 29
Surge in coronavirus cases set to shake Asian markets
Reuters News - 29-Oct-2020UAE's ADCB reports Q3 profit slip, more NMC-related impairments
ADCB reported a net profit of $372mln in the quarter ended September 30
Reuters News - 28-Oct-2020Mideast Stocks - Saudi slips in early trade; Dubai edges up
SABIC reported a net profit of $290.64mln in the third-quarter
Reuters News - 25-Oct-2020Mideast Stocks: Dubai leads major Gulf markets higher in early trade
Dubai's main share index rose 0.7%, buoyed by a 14.4% surge in DAMAC Properties as investors hunted for bargains
Reuters News - 21-Oct-2020Mideast Stocks: Most major Gulf markets fall; Qatar rises
Saudi Arabia's benchmark index dropped 0.7%
Reuters News - 20-Oct-2020Mideast Stocks: Egypt stocks hit by blue-chip selloff, Gulf markets quiet
26 of 30 stocks decline on Egypt's index
Reuters News - 18-Oct-2020Mideast Stocks: Most Gulf Markets little changed in quiet early trade
Dubai's main share index edged up 0.2%, with Emirates NBD Bank rising 1%
Reuters News - 18-Oct-2020Mideast Stocks: Most major Gulf markets fall; FAB aids Abu Dhabi
Most major stock markets in the Gulf ended lower on Wednesday
Reuters News - 14-Oct-2020UAE stocks gain $1.08bln in market cap
In Dubai Financial Market, Union Properties PJSC was among the best performers
WAM (Emirates News Agency) - 13-Oct-2020GCC Taxation: Oman to introduce 5% value-added tax
The tax will be on most goods and services, though with some exceptions
Reuters News - 12-Oct-2020Oman to introduce 5% value-added tax in six months' time
The tax will be on most goods and services
Reuters News - 12-Oct-2020Mideast Stocks: Egypt index outperforms, while major Gulf markets ease
Egypt's headline inflation near lowest levels since 2005
Reuters News - 07-Oct-2020Mideast Stocks: Saudi outperforms Gulf markets, while UAE shares were subdued
Egypt non-oil private sector returns to growth in September
Reuters News - 06-Oct-2020Abu Dhabi Commercial Bank exits operations from Jersey
The active banking accounts of ADCB’s Jersey customers were transferred to the bank's UAE platform on 1 October 2020
Mubasher - 05-Oct-2020Mideast Stocks: Kuwait market rebounds on reopening after Emir's death
All shares on Kuwait's index end higher
Reuters News - 04-Oct-2020Saudi unemployment spikes as virus-hit economy shrinks by 7% in Q2
In the first quarter, Saudi Arabia posted a 1% economic contraction
Reuters News - 30-Sep-2020Mideast Stocks: Major Gulf bourses gain in early trade, led by financial stocks
Saudi Arabia's benchmark index rose 0.3%
Reuters News - 29-Sep-2020Mideast Stocks: Major Gulf indexes end mixed; Egypt snaps losing streak
First Abu Dhabi Bank hires banks for dollar bonds - document
Reuters News - 22-Sep-2020Mideast Stocks: Most Gulf markets gain; Saudi bourse slips
STC asks banks to pitch for subsidiary IPO -sources
Reuters News - 16-Sep-2020Gulf's fiscal diet risks deeper pain amid oil price uncertainty
Regional central banks have provided large stimulus packages to stem the impact of the coronavirus outbreak on their economies
Reuters News - 14-Sep-2020Bahrain starts preparing its second bond sale this year - sources
One of the sources said the deal may include both conventional and Islamic bonds
Reuters News - 30-Aug-2020ADCB to enter Egyptian banking market with $110.2bln assets
ADCB is a leading banking group that ranks third in the UAE’s banking financial sector
Daily News Egypt - 30-Aug-2020Worst is over, GCC economic recovery picks up steam
GCC governments announced fiscal support packages to reduce the pressure on corporates and households
Khaleej Times - 27-Aug-2020Top UAE banks' Q2 net profit jumps 21%; will focus on cost optimization
"The UAE lenders are among the most profitable globally," Asad Ahmed, A&M Managing Director and Head of Middle East Financial Services said
ZAWYA - 26-Aug-2020Mideast Stocks: Major Gulf markets subdued, poor earnings hit Saudi shares
Saudi Arabia's benchmark index eased 0.2%
Reuters News - 26-Aug-2020Market cap of listed companies in UAE crosses $272bln
UAE's twin bourses advancing 1% and 1.25% to 2,246 points
WAM (Emirates News Agency) - 19-Aug-2020Mideast Stocks: Banks boost UAE bourses as Gulf markets rise
SABIC picks banks for dollar bond
Reuters News - 19-Aug-2020Saudi inflation jumps to 6.1% after VAT increase
The jump in annual inflation reflected price increases in most categories
Reuters News - 16-Aug-2020Abu Dhabi's NMC Health secures $250mln bank funding
NMC Health comes up with three-year business plan with a focused strategy that will deliver continued growth in its core UAE business
ZAWYA - 03-Aug-2020Abu Dhabi Commercial Bank Q2 net profit down 15% as impairments rise
Its net profit fell to $334.89mln
Reuters News - 29-Jul-2020Dubai Economy and Emirates NBD go live with UAE KYC Blockchain Platform
The project is fully supported by Smart Dubai and the Central Bank of UAE
WAM (Emirates News Agency) - 28-Jul-2020Mideast Stocks - Kuwait shares rise on broad-based gains; others little changed
ADCB to lay off 400 employees - sources
Reuters News - 28-Jul-2020Abu Dhabi's ADCB to lay off 400 employees: sources
The bank had earlier committed to not cutting staff because of the crisis
Reuters News - 28-Jul-2020Company information provided by Refinitiv
Refinitiv 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).
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| AMLAK FINANCE | 0.220 AED | -1.35 |
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