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- Sohar International, Al Mouj sign MoU for RO63mn credit facility
- Oman's industrial exports rise 8.6% to RO1.6bn in Q1
- UAE economic outlook remains bullish despite global volatility
- Dubai realty pivots to long-term stability as market dynamics shifts
- Al Seer Marine, B International Logistics launch new shipping JV
- ACWA Power enters potential $10bn investment deals in Malaysia
- Galfar lands key Oman road dualisation project
- Zain accelerates national talent empowerment in digital economy
- Gulf Bank organizes cleanup campaign on Qaruh Island
- Al-Tijaria, CSCEC sign strategic MOU with to collaborate on govt-tendered projects
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
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
16/01/2018
United Arab Bank said its general assembly authorised the board of directors to increase the issued capital of the Bank.
The shareholders approved the increase in the issued capital of the B
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.20 | 0.20 (0.04 |
| FAB | 15.68 | -0.42 (-2.61 |
| EMIRATESNBD | 22.10 | -0.30 (-1.34 |
| ADCB | 12.10 | 0.02 (0.16 |
| ADIB | 19.20 | 0.02 (0.10 |
03/06/2025
Sohar International and Al Mouj Muscat have signed a Memorandum of Understanding (MoU) for a strategic credit facility agreement valued at RO63mn to Al Mouj Muscat.
Structured as a combinati
Muscat Daily
03/06/2025
Al Seer Marine, a global maritime organization headquartered in Abu Dhabi, said it has partnered with B International Shipping & Logistics, an affiliate of top Geneva-based energy trader BGN, to laun
Trade Arabia
03/06/2025
ACWA Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of memorandum of understanding (Mo
Trade Arabia
03/06/2025
Galfar, one of the largest engineering, contracting and construction companies in Oman, has announced that it has secured a major construction works contract for Part Four of the Sultan Said bin Taim
Trade Arabia
03/06/2025
Zain announced the successful conclusion of its participation in the TechEdge program, one of the leading training initiatives focused on digitally empowering young talent. The program was held under
Kuwait Times
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