Wednesday 2 September 2015
 
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ADCB

RBS ends plan to sell UAE units to ADCB

Royal Bank of Scotland (RBS) has ended its plan to sell its UAE cash management and trade finance business to Abu Dhabi Commercial Bank (ADCB), sources familiar with the matter said on Monday. The sale would have been one of the l

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ADCB names new head of government clients

Abu Dhabi Commercial Bank (ADCB) has appointed Saoud Mohammed Al Jassem as the new head of Government Clients Division for Dubai and the Northern Emirates (DNE). In his new role, Saoud will lead the development of the Abu Dhabi le

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Cheap oil slows projects in Saudi Arabia, UAE

Low oil prices are slowing new economic projects in Saudi Arabia and the UAE but project awards have accelerated in Qatar and Kuwait, Abu Dhabi Commercial Bank said on Thursday in a report showing the mixed impact of cheap oil on the Gulf.

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ADCB posts $339m net profit for Q1, up 13pc

Abu Dhabi Commercial Bank (ADCB) has posted a net profit of Dh1.24 billion ($339.9 million) for the first quarter of the year, an increase of 13 per cent as compared to the same period last year. The banks operating incomes totall

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ADCB to launch new app for Apple Watch

Abu Dhabi Commercial Bank (ADCB), a full-service commercial bank offering a wide range of products and services, has announced the launch of a new ‘app’ for the Apple Watch, which launches on April 24. ADCB will be one

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ADCB to launch new app for Apple Watch

Abu Dhabi Commercial Bank (ADCB), a full-service commercial bank offering a wide range of products and services, has announced the launch of a new ‘app’ for the Apple Watch, which launches on April 24. ADCB will be one

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ADCB wins top corporate governance award

Abu Dhabi Commercial Bank (ADCB) has won the “Best Corporate Governance Award” for 2015 by leading magazine World Finance. The World Finance Corporate Governance Awards highlight companies that serve as a benchmark for

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ADCB property unit in ISO recertification success

Abu Dhabi Commercial Properties (ADCP), a property services unit of Abu Dhabi Commercial Bank, said its ISO 9001 (quality standard) registration has been successfully renewed by Lloyd’s Register Quality Assurance (LRQA) for the second cons

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Gulf Capital closes $231m credit facility

Gulf Capital, a top alternative asset manager, has closed a Dh850 million ($231 million) syndicated revolving credit facility lead arranged by Abu Dhabi Commercial Bank as initial mandated lead arranger and First Gulf Bank as mandated lead arran

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ADCB Q4 profit jumps 29pc to $277m

Abu Dhabi Commercial Bank (ADCB) made a net profit of Dh1.02 billion ($277.7 million) in the three months of 2014 versus Dh793.1 million in the corresponding period of 2013, marking a rise of 28.9 per cent according to Reuters calculations.

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