Category: NEWS

DUBAI (Reuters) – Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank said on Tuesday the banks have agreed on a three-way merger, creating the third-largest bank in the United Arab Emira…
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Abu Dhabi Commercial Bank has agreed to merge with Union National Bank and Al Hilal Bank, a potential combination that would create the Gulf’s fifth-biggest lender with about $114 billion in assets. A…
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or 13.7 per cent versus the price before news of the merger leaked last year. The combined ADCB/UNB entity would buy Al Hilal Bank for around 1bn UAE dirhams through issuing post-merger shares to Abu …
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Abu Dhabi Commercial Bank, Union National Bank and privately-held Al Hilal Bank have agreed to a merger, Bloomberg News reports. The combination that will create the Gulf’s fifth-biggest lender with a…
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State news agency WAM reported that Qatar has also removed the names of UAE companies from the list of approved vendors for infrastructure projects and has maintained an undeclared ban on products com…
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UAE state news agency WAM said on Tuesday. The UAE, Saudi Arabia, Bahrain, and Egypt have imposed a diplomatic, trade and transport boycott of Qatar since June 2017 over allegations Doha supports …
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The government of the United Arab Emirates has been mocking for posting pictures of winners of awards for gender balance, which featured no women. Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s ruler, …
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The Government of Dubai held a “Gender Balance Index” awards ceremony on Sunday — and all the winners were men. “We are proud of the success of Emirati women and their role is central to shaping the …
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The UAE has been mocked over a tweet announcing the winners of awards for gender balance that featured only men. Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s ruler, was shown congratulating the reci…
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TEHRAN, Iran – Iran’s foreign minister says the United Arab Emirates has adopted an “unacceptable approach” toward Iranian businesses operating in this Gulf Arab state. The semi-official Tasnim news a…
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Iran’s Foreign Minister Mohammad Javad Zarif said relations between the UAE and Iran have decreased to an unacceptable level due to strategic mistakes the Arab countrys rulers have made in recent year…
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We live to take risks, and UAE want to get better year after year’ says Colombian sprinter “I’m very happy, winning always makes me happy,” he said, wearing a UAE team cap with the visor turned up to …
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Dubai has long been a popular destination for holiday makers and professionals and with a booming entrepreneurial ecosystem, it’s not surprising that talent moves here from abroad. And with plans to b…
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Dubai’s homeowners will have to wait at least a couple more years for a long-running property slump to hit bottom as developers put a record number of new residences on the market this year. About 31, …
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Dubai (AFP) – Dubai International Airport said it retained its top global spot in 2018 after serving the largest number of passengers for the fifth year in a row despite falling short of its target. T…
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When the United Arab Emirates take on bitter Gulf rivals Qatar in the Asian Cup semi-finals on Tuesday, good luck spotting the Qatari fans. Not only are Qataris largely barred from UAE due to the ongo…
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