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- Gold hits one-week high
- Bahrain All Share Index marks 2,065.29 points
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- Saudi NDMC completes 1st international dollar bond issuance of 2026
13/03/2018 06:12 AST
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 Dh2.063 billion from the earlier capital of Dh1.375 billion. The rights issue will be in the form of 687.5 million newly issued shares, with new shares priced at Dh1 per share.
"The oversubscription of the rights issue reflects the confidence that our shareholders have in the bank and its future endeavours. Our revised business model which is backed by the strong economy in the UAE positions us well to deliver sustainable returns for our shareholders going forward," Shaikh Mohammad Bin Abdullah Al Nuaimi, Acting Chief Executive Officer said in a statement.
Gulf News
25/12/2025
United Arab Bank on Wednesday announced the successful conclusion of its Dh1.0 billion, 2-year senior unsecured dual tranche term Loan facility.
The dual tranche borrowing comprises a Conven
Khaleej Times
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
13/02/2018
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 | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
07/01/2026
The Bahrain Institute of Banking and Finance (BIBF) and Aljazira Bank have signed a strategic partnership aimed at developing professional competencies and enhancing capabilities, as part of the Bank
BNA
07/01/2026
Ajman Bank has successfully completed a planned upgrade of its core banking system, reinforcing the Bank's long-term focus on operational resilience, platform stability, and disciplined digital trans
Khaleej Times
07/01/2026
In a new sporting achievement, the Gulf Bank football team has qualified for the final of the annual Kuwait Banking Association Championship, where it will face Boubyan Bank in the final match to be
Kuwait Times
07/01/2026
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has delivered a historic production record of 1,623,139 metric tonnes in 2025 (versus 1,622,261 metric tonnes in 2024), ex
Trade Arabia
07/01/2026
Trinasolar, a global leader in smart PV and energy storage solutions, is accelerating its presence in Saudi Arabia through strategic collaborations with ACWA Power, the world's largest private water
Trade Arabia
Financial Information Co.
Saudi Arabia