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United Arab Bank reports net profit of $18 million for Q1United Arab Bank has announced its financial results for the three months ended March 31, 2024, reporting a net profit after tax of AED68 million ($18 million) for the first three months in 2024 as compared to net profit of AED55 million for the More… |
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United Arab Bank posts $69 million in FY 2023 net profitsUnited Arab Bank (UAB) posted a net profit of AED255 million ($69 million) for the full year ending December 31, 2023, compared to a net profit of AED155 million in 2022, an increase of 65%, a report said. The profit growth is as a resu More… |
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United Arab Bank to take part in SCA Fintech MegathonUnited Arab Bank announced its participation in a first of its kind nation-wide Fintech Megathon, SCA Fintech Megathon 2021, launched by Emirates Securities & Commodities Authority (SCA) and UAE Ministry of Economy (MOE). The More… |
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UAB to offer 100pc housing finance for EmiratisThe United Arab Bank (UAB) has signed an agreement with the Mohammed Bin Rashid Housing Establishment (MBRHE), under which it would offer housing finance solutions to Emirati nationals who are under the purview of the Al Yusr programme. More… |
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UAB reports H1 net profit of $9.8 millionUnited Arab Bank(UAB) has announced its financial results for the period ended 30th June 2019, reporting a net profit of Dh36 million ($9.8 million) in the first half (H1) of 2019. Total income recorded was Dh282 million, supporte More… |
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UAB net profit surges 345pc to $21m in 2018UAE-based United Arab Bank (UAB) has reported a net profit of Dh77 million ($21 million) in 2018 which represents an increase of 345 per cent compared to 2017, a media report said. UAB embarked on its journey to become a safer, st More… |
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United Arab Bank concludes $185m financingUnited Arab Bank (UAB) has announced the successful conclusion of its $185 million syndicated term financing facilities signed on July 30, 2018. The two-year bullet term financing facilities comprise a Conventional facility and a More… |
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United Arab Bank posts $22m H1 net profitSharjah-based United Arab Bank (UAB) reported net profits for the first six months of 2018 at Dh81 million ($22 million), representing an uplift of 46 per cent compared with the same period last year, a media report said. The prof More… |
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United Arab Bank signs $150m two-year loanUnited Arab Bank (UAB), a United Arab Emirates-based lender, has secured a $150 million loan of two years duration, sources aware of the matter said on Tuesday. The transaction is the latest loan raised by a regional bank as liqui More… |
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Bank ABC closes $125m term loan facilityBahrain-based Bank ABC has announced it successfully closed a $125 million syndicated term loan facility on behalf of UAE-based United Arab Bank. Bank ABC was acting as the initial mandated lead arranger and bookrunner and the facility agent, More… |
