Wednesday 21 August 2019
 
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United Arab Bank

United Arab Bank concludes $185m financing

United 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

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United Arab Bank posts $22m H1 net profit

Sharjah-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

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United Arab Bank signs $150m two-year loan

United 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

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Bank ABC closes $125m term loan facility

Bahrain-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,

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United Arab signs $250m syndicated loan

United Arab Bank (UAB), a leading bank in the Middle East, has announced the completion of a two-year $250 million syndicated loan facility, signed by 12 multinational and regional banks. The term loan facility was originally targ

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UAE bank to launch Barca-themed cards

Sharjah-based United Arab Bank (UAB) said it has joined hands with FC Barcelona to launch the Mena region’s first Barca-themed credit/debit cards. These exclusive Visa credit and debit cards will make everyday spending more

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United Arab Bank backs UAE-Turkey business

United Arab Bank (UAB) has set up a dedicated desk to support Turkish businesses in the UAE, providing access to UAE contacts and networks, in a quest to become the preferred local bank for the Turkish business community in the UAE.

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United Arab Bank names key official

Sharjah-based United Arab Bank (UAB), a leading bank in the emirates, has appointed Howard Kitson as the new executive vice president (Wholesale and International Banking). He will be responsible for the development of UAB’s

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UAB seals FC Barcelona partnership

United Arab Bank (UAB), a fast-growing bank in the UAE, has sealed a three-year partnership deal with football giant FC Barcelona.   The landmark alliance confirms UAB as FC Barcelona’s “Official Part

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United Arab Bank names retail head

United Arab Bank (UAB), a leading bank in the UAE, has appointed Tony Graham as head of Retail Banking. Graham has over 15 years’ experience as an international banker. Prior to his appointment, he was head of Contact Centre

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