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FAB to complete integration of Bank Audi Egypt by 2022

May 6, 2021

First Abu Dhabi Bank, the UAE's largest lender by assets, has completed the transfer of Bank Audi Egypt's shares and will begin integrating......

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UAE Central Bank, SWIFT initiative to ensure speed, transparency of cross-border payments

May 6, 2021

The Central Bank of the UAE(CBUAE) has been working with SWIFT - a financial messaging services provider - to enhance the speed and transparency......

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10 UAE national banks post AED7.7 in Q1'21 net profit

May 4, 2021

ABU DHABI, 3rd May, 2021 (WAM) -- Eleven UAE national banks have reported circa AED7.74 billion Q1'21 net profit, a growth of 9.6 percent over......

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CBUAE issues specialised banks with low risk regulation

May 2, 2021

ABU DHABI, 1st May, 2021 (WAM) -- The Central Bank of the UAE (CBUAE) has issued a new regulation covering licensing, prudential and conduct requirements......

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Abu Dhabi Ports gets $1bln via 10-year bonds

April 29, 2021

DUBAI - State-owned Abu Dhabi Ports on Wednesday sold $1 billion in 10-year bonds after receiving more than $4.6 billion in orders for the debt sale,......

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RAKBank charts post-Covid-19 recovery as Q1 net profit slides

April 28, 2021

National Bank of Ras Al Khaimah reported a 26 per cent drop in first-quarter net profit but said it is on a 'recovery path post-Covid'. Net......

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ADCB reports Q1 net profit of $310m; huge 436% jump

April 27, 2021

Abu Dhabi Commercial Bank PJSC has reported Q1’21 net profit of AED1.121 billion ($310 million), a growth of 436% year-on-year and 11% sequentially......

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Emirates NBD Capital records strongest ever quarter in debt capital markets

April 27, 2021

DUBAI, 26th April, 2021 (WAM) -- Emirates NBD Capital, the investment banking arm of Emirates NBD, has announced it recorded its strongest ever quarter......

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Commercial Bank of Dubai launches a Robo-Advisory Investment App - CBD Investr

April 26, 2021

DUBAI, 25th April, 2021 (WAM) -- Commercial Bank of Dubai, one of the leading banks in the UAE, announced the launch of 'CBD Investr app',......

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FAB Q1 net profit rises 3% to Dh2.5 billion

April 22, 2021

First Abu Dhabi Bank (FAB), the UAE’s largest bank, reported on Wednesday a three per cent increase in net profit to Dh2.5 billion year-on-year......

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