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- AD Ports, key firms eyes e-methanol bunkering facility in Kezad
- Sohar Freezone signs deal for new ferrochrome plant
- Adnoc Gas joins MSCI Emerging Market Index
- Combined Group secures $338m GCC infrastructure contracts
- Al Salam Bank Bahrain closes $450m AT1 capital issuance
- Aldar unveils Fahid Island, a coastal wellness destination
- Abdul Latif Jameel, Joby explore Saudi e-aircraft deal
- Saudi banks' new-home lending jumps 24% to $9bn despite higher rates
- AD Ports Group opens Tbilisi Intermodal Hub
- Oil Updates - crude inches up on supply concerns and weaker dollar
02/04/2015 03:46 AST
Global Investment House (Global) is pleased to announce that the Court of Appeals of Dubai in its hearing held today ruled to accept the settlement agreement between "Global" and National Bank of Umm Al Qaiwain (NBQ), thereby bringing to an end a long pending legal dispute.
This settlement will have no impact on the Company's cash flows or income streams since the associated rewards and certain risks of this litigation were transferred to the Company's legacy Financiers in context of the debt restructuring transaction concluded on 22 July 2013 (refer RNS number 9690J dated 23 July 2013 or note 22 of the Company's 2013 Audited Financial Statements). Nevertheless, this settlement removes the extremely remote, however high impact contingent risks associated with any negative outcomes of the litigation.
CPI Financial
27/04/2017
National Bank of Umm Al Qaiwain (NBQ) on Wednesday reported a net profit of Dh123.39 million, up 20 per cent for the first quarter of 2017 compared to Dh102.4 million in the same quarter last year.
Gulfnews
26/04/2016
National Bank of Umm Al Qaiwain (NBQ) reported a net profit of Dh102.4 million in the first quarter of 2016 compared to Dh102.8 million in the same quarter last year.
Bank's operating inco
Gulfnews
28/04/2015
National Bank of Umm Al-Qaiwain (NBQ) on Monday reported a net profit of Dh102.88 million for first quarter of 2015, compared to Dh95.31 million reported in the same period last year.
Oper
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.10 | 0.00 (0.00 |
| FAB | 16.26 | 0.34 (2.13 |
| EMIRATESNBD | 22.10 | 0.05 (0.22 |
| ADCB | 12.50 | 0.18 (1.46 |
| ADIB | 20.18 | 0.48 (2.43 |
04/06/2025
AD Ports Group, a leading facilitator of global trade, logistics, and industry, has signed a collaboration agreement with Masdar, Advario and the CMA CGM Group to explore the feasibility for the deve
Trade Arabia
04/06/2025
Adnoc Gas will be the largest addition to the Index by market capitalisation and joins Adnoc Distribution and Adnoc Drilling which were added to the benchmark in 2021 and 2024, respectively.
Trade Arabia
04/06/2025
Kuwait-based Combined Group Contracting (CGC), a leading player in the Arab Gulf's contracting sector, has announced that it key subsidiaries have secured contracts worth $338.3 million from across t
Trade Arabia
04/06/2025
Al Salam Bank has announced the successful closure of its $450 million additional Tier 1 (AT1) capital issuance, reflecting strong investor confidence in the Bahraini bank's financial strength and lo
Trade Arabia
04/06/2025
Aldar has unveiled the masterplan for Abu Dhabi's next iconic island destination, Fahid Island, which has an 11 km coastline and a gross development value of over AED40 billion ($10.89 billion).
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia