UAE’s ADCB sells Indian portfolio to focus on home market
The portfolio which includes Dh355 mn in assets and Dh601 mn in liabilities will be acquired by DCB Bank...
Tag : Abu Dhabi
Aldar launches its first Dh722 mn Saadiyat community
Covering an area 422,370 square metres, the project features 1306 villa plots ranging between 600 to 1,400 square metres...
First Abu Dhabi Bank denies Qatar disclosure allegations
The Qatar Financial Authority imposed a fine of $55 million for obstructing a probe into the case...
Adnoc in one of world’s largest ‘smart procurement’ contracts
The award complements Adnoc’s upstream growth plans...
Abu Dhabi Securities Exchange rebound after stock buy
The buying trend dominated the transactions of investors and foreign portfolios...
UAE’S Taqa’s revenue up by 5% in first half of 2019
The net profit, however, fell by 23 percent in the first half of 2019...
UAE banks ‘can make profits of Dh40 bn in 2019’
11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion...
Adnoc Distribution entering India’s lube market to boost sales
The move is part of Adnoc’s plan to globalise itself in the lubricants and base oils market...
Adnoc, Eni, and OMV close one of world’s largest refinery deals
The new deal covers both existing Adnoc refining business as well as the proposal for a new trading joint venture...
Singapore’s sovereign wealth fund to invest in Adnoc oil pipelines.
The landmark investment comes months after Wall Street giants KKR and BlackRock signed a $4 billion pipeline deal....