Thursday 28 March 2024
 
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2016 profits

NBAD posts over $1.4bn net profit for 2016

National Bank of Abu Dhabi (NBAD) reported net profits of Dh5.296 billion ($1.44 billion) for FY’16, up 1.2 per cent year-over-year (y-o-y) as strong underlying performance was partially offset by several macro headwinds, including volatil

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Waha Capital posts $110.8m profit for 2016

Waha Capital, a leading investment company based in Abu Dhabi, UAE has reported a preliminary net profit of Dh407.2million ($110.8 million) for 2016. The company’s Capital Markets division recorded a strong rise in income, w

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