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- Kuwait Airways and Impulse sign strategic agreement
- Russian crude exports slide on drone strikes and Trump's tariffs
- QFMA issues code of governance for listed companies
- Adnoc signs 15-year LNG sales & purchase agreement with IndianOil for Ruwais LNG project
- Vodafone Qatar launches 'You Deserve It' campaign
- Qatar to step up drive to realise Vision 2030 goals
- UAE businesses must keep tax records, file returns on time to avoid penalties, warns FTA
- Qatar's investment in quantum computing could redefine Gulf's tech landscape
- Commercial Bank first bank in Qatar to offer Visa Commercial Pay to SMEs
- Insurance Mergers Accelerate in Saudi Arabia, Redrawing the Competitive Landscape
01/02/2018 06:04 AST
United Arab Bank's board of directors approved increasing the bank's capital by Dh687.5 million through a rights issue, with new shares priced at Dh1 per share.
In a statement to the Abu Dhabi bourse on Wednesday, the bank said the rights issue would increase capital to Dh1.37 billion, thereby doubling it from the current Dh687.5 million. The increase is within the authorised capital limit of Dh2.75 billion.
The bank's board proposed increasing its capital during a meeting in November 2017.
Gulf News
08/08/2025
United Arab Bank (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced the successful completion of its capital increase, which ended on July 29, 2025. The Rights Issue raised Dh1,031 bi
Khaleej Times
13/03/2018
United Arab Bank (UAB) said on Monday its rights issue was subscribed 124 per cent, recieving Dh850 million of subscriptions.
The bank plans to increase its capital by Dh687.5 million to D
Gulf News
13/02/2018
UAB reported a Net Profit of AED17 million in 2017 as the successful execution of its Transformation Strategy paved the way for a return to profitability. Notably, 2017 was the final year of transiti
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.70 | 0.70 (0.17 |
| FAB | 16.90 | 0.06 (0.35 |
| EMIRATESNBD | 25.55 | 0.45 (1.79 |
| ADCB | 15.50 | -0.02 (-0.13 |
| ADIB | 21.96 | 0.34 (1.57 |
28/08/2025
In a significant step towards enhancing its digital transformation journey, Kuwait Airways signed a Master Services Agreement (MSA) with Impulse International for Telecommunications, laying the foun
Kuwait Times
28/08/2025
Adnoc announced on Wednesday that it has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India's largest integrated and diversified energy company, fo
Khaleej Times
28/08/2025
Vodafone Qatar has announced its expansion of Postpaid services through its new 'You Deserve It!' campaign, introducing new connectivity and digital lifestyle offerings to meet the evolving needs of
Gulf Times
28/08/2025
Commercial Bank, a leader in innovative digital banking solutions, has launched Visa Commercial Pay (VCP), a groundbreaking virtual payment platform designed to transform how Small and Medium-Sized E
The Peninsula
28/08/2025
Abu Dhabi-based petrochemicals company Borouge has announced that it has collaborated with Yokogawa, a leading provider of advanced automation technologies and solutions, to conduct a proof-of-concep
Trade Arabia
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