Turkish Airlines will be the only airline to fly between its new home base, Istanbul Airport and Sharjah.” Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business st…
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Abu Dhabi Three-Way Merger to Form $114 Billion U.A.E. Bank
(Bloomberg) — Abu Dhabi Commercial Bank PJSC agreed to merge with Union National Bank PJSC and Al Hilal Bank, a potential combination that would create the Gulf’s fifth-biggest lender with …
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Three Abu Dhabi lenders agree to merge, creating a $114 billion bank
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’s three-way bank merger to create $114bn giant
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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Trio of Abu Dhabi banks to combine in UAE financial consolidation
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, UNB, Al Hilal Bank Agree to $114 Billion Merger
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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UAE files WTO complaint over Qatar goods ban
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 developer Lootah hands over Dubai residential project
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UAE accuses Qatar of banning its products, files WTO complaint
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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Honor View 20 launches in the UAE, price revealed
In the UAE, the phone is available with 8GB RAM and … experience and provide quality products,” Sunbaigong told Gulf Business. The Honor View – the first from the company’s Honor series …
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Housing prices in Abu Dhabi note decline in 2018
while apartment prices within Abu Dhabi investment zones – areas that non-UAE nationals can buy property in – dropped by 5.8%. Activity in the UAE capital’s real estate sector will “remain subdued” du…
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Water delivery scam leaves Sharjah resident high and dry
A spokesperson from the Sharjah Economic Development Department (SEDD) issued a statement to Gulf News: It is important for residents to communicate with the Department in case they face any case …
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UAE, Pakistan mull new consular section, e-gate access
Both sides also discussed the arrangement and how to facilitate the visit of commercial, government and business delegations between the UAE and Pakistan. During his meeting with Shah on the occasion …
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Pakistan to offer visa on arrival to UAE citizens
UAE citizens to receive visas on arrival in … on-arrival for 50 countries (up from 24), e-visas for 175 countries and business visas to 98 countries (up from 68). Tour operators approved by …
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UAE ridiculed for gender balance award ceremony which features no women
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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Dubai holds ‘Gender Balance’ awards; every winner is a man
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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Dubai waives Dhs1,000 fee to boost tourism industry
Dubai Tourism also introduced three proposals to support the government’s economic stimulus programme aimed at making it easier to operate and grow a business in Dubai including attracting more …
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