Trends - Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank

Oil cut extension raises risk of Saudi economic contraction this year

DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude...

Published 10 Sep, 2023 01:01pm

Business & Finance

‘Abu Dhabi Commercial Bank in talks to sell $3.7bn of bad loans’

DUBAI: Abu Dhabi Commercial Bank PJSC (ADCB) is in talks with funds to sell 13.5 billion dirham ($3.68 billion) of...

Published 07 Apr, 2023 06:06am

World

Oman budget swings into surplus on oil price rise

Oman’s budget recorded a surplus of 357 million rials ($929.7 million) by the end of the first quarter, boosted by a...

Published 09 May, 2022 06:05pm

Markets

UAE bank ADCB quarterly net profit up 44%, beats forecasts

DUBAI: Abu Dhabi Commercial Bank, UAE's third-biggest lender, beat expectations with a 44% rise in fourth-quarter ...

Published 31 Jan, 2022 06:51pm

Business & Finance

Saudi imports from UAE jump back up in August

DUBAI: The value of Saudi Arabia's imports from the United Arab Emirates (UAE) in August increased by about 31% ...

Published 25 Oct, 2021 12:53pm

Business & Finance

Saudi Arabia's economy grew 1.5% in Q2, first expansion since pandemic

The oil sector contracted 7% year-on-year, but expanded 2.5% on a seasonally-adjusted quarter-on-quarter basis

Published 09 Aug, 2021 12:26pm

Business & Finance

ADCB posts 14pc increase in Q2 net profit

DUBAI: Abu Dhabi Commercial Bank (ADCB) , UAE’s third-biggest lender, reported a jump in second-quarter net profit...

Published 19 Jul, 2021 06:17am

Business & Finance

ADCB posts 14% increase in Q2 net profit, bullish on NMC recoveries

Net profit between April and June amounted to 1.4 billion dirhams ($381.22 million), a 14% increase year on year and a 25% increase quarter on quarter.

Published 18 Jul, 2021 05:32pm

Markets

Most major Gulf bourses in red; Egypt outperforms

DUBAI: Most major Gulf shares ended lower on Monday, hit by losses in the banking sector, while Egyptian shares...

Published 22 Jun, 2021 04:46am

Markets

Gulf markets up as oil prices rise; deals boost UAE, Bahrain

GFH traded 0.5% higher.

Published 09 Jun, 2021 01:13pm

Markets

Most major Gulf stock markets gain; Qatar index eases

In Qatar, the benchmark index, however, edged down 0.1%, as Industries Qatar fell 0.9%, but Qatar National Bank rose 0.1%.

Published 06 Jun, 2021 02:06pm

Markets

Abu Dhabi's Mubadala sells $1.5bn two-tranche bonds

The 10-year bonds offered investors an interest rate equivalent to 95 basis points over mid-swaps, while the 30-year Formosa bonds offered a 3.4% rate.
Mamoura had given an initial price guidance of around 130 basis points over mid-swaps for a 10-year tranche and around 3.7% for 30-year Formosa bonds.

Published 27 May, 2021 06:47pm

Markets

Abu Dhabi's Mubadala hires banks for euro bonds: document

They will hold investor calls starting on Tuesday, to be followed by an issue of six-year and 12-year euro-denominated bonds, subject to market conditions.
MDGH lost 9.4 billion dirhams in the six months ended June 30, 2020 versus a profit of 9.67 billion in the same period a year earlier, the prospectus showed.

Published 02 Mar, 2021 06:43pm

Markets

Dubai leads major Gulf markets higher

Saudi Arabia's benchmark index was up 0.1%, with Banque Saudi Fransi and SABIC Agri-Nutrients Co rising 1.7% and 2.7%, respectively.

Published 01 Feb, 2021 03:08pm

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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