Thursday 21 October 2021
Union Bank

Royal Jet gets $117m loan to fund aircraft buys

Abu Dhabi-based private charter airline Royal Jet secured a $116.8 million loan from Union National Bank to finance the purchase of two Boeing aircraft, the lender said on Thursday. The two Boeing 737-700 BBJ aircraft are due for


Union National Bank Q1 net profit up 4.2pc

Union National Bank, jointly owned by the governments of Abu Dhabi and Dubai, posted a 4.2 percent increase in first-quarter net profit on Wednesday, in line with analysts' forecasts, as operating income rose at the bank. The


UAIC increases stake in Union Bank

United Arab Investors Company (UAIC) and Arab Corp have acquired 25.58 per cent of Union Bank’s shares. The acquisition is the result of a consortium formed between UAIC and the Arab Corp. This is In addition to 10.72pc; which UAIC previou


Darkom ties up with Union Bank

Darkom, Jordan’s first housing loan insurance company, has signed an agreement with Union Bank. This agreement is the second of its type to be signed by Darkom with a bank. This agreement will give community members regardless of their soc

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