Abu Dhabi / Emirates Business Abu Dhabi Financial Group (“ADFG”), the multi-billion dollar alternative investment firm, has been recognised at the MENA Fund Manager Awards 2016 winning the accolade for UAE Asset Manager of the Year. The team, represented by ADFG’s Chief Operating Officer, Mustafa Kheriba, received the honour and said, “It is an honour to receive the award for …

Abu Dhabi / Emirates Business Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) has reported its financial results for the year ended December 31, 2015. Delivering strong performance and long-term value for shareholders ADCB has reported record level of net profit despite a challenging business environment As a result of the record performance in 2015, the bank has recommended …

Doha / Bloomberg The Commercial Bank Qatar (Q.S.C.) announced its financial results for the year ended December 31, 2015. The bank delivered a net profit of QAR 1,458 million for 2015, a 24.9 percent decrease in profitability compared to 2014. On a quarterly basis, Commercial Bank generated net profit of QAR 117 million in the fourth quarter 2015, as compared …