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UAB, CBB and BAB host ‘AI-Driven Banking Services’ workshopThe practical applications of AI within the banking and financial services industry were explored in a workshop hosted by the Union of Arab Banks (UAB). The three-day workshop titled "AI-Enhanced Ban More… |
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United Arab Bank implements Complete Data ProtectionCommvault, a recognised global enterprise software leader in the management of data across cloud and on-premise environments, has been selected by United Arab Bank (UAB) to implement Complete Data Protection. This will be done with built-in ra More… |
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United Arab Bank implements Complete Data ProtectionCommvault, a recognised global enterprise software leader in the management of data across cloud and on-premise environments, has been selected by United Arab Bank (UAB) to implement Complete Data Protection. This will be done with built-in ra 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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$195m syndicated financing facility for UABUnited Arab Bank (UAB) has announced the successful conclusion of its $195 million two--year syndicated term loan facility signed on June 19. The proceeds of the facility will be used for general corporat 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 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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UAB confirms Murphy as CFOUnited Arab Bank (UAB) has confirmed the appointment of Anthony Murphy as chief financial officer (CFO). The bank has also confirmed the appointment of Dima Al Sous as head of legal, and has named longtime senior vice president Ma More… |
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UAE bank UAB winds down SME businessUnited Arab Bank (UAB), hard hit by a surge in debt defaults among small business owners in the UAE, is winding down its small and medium-sized enterprises (SME) unit to focus on larger companies in a bid to return to profit, it said. More… |
