Bloomberg First Gulf Bank PJSC and National Bank of Abu Dhabi PJSC completed a merger to create the United Arab Emirates’ biggest bank with assets of $180 billion, with the new entity to be called First Abu Dhabi Bank. The lender began trading on the Abu Dhabi Securities Exchange on Sunday under the ticker NBAD, with shares up 1.5 ...

  DUBAI / Emirates Business The UAE plastics industry is the fastest growing in the GCC, growing by 24.2% per annum in the past decade. This is according to the ‘GCC Plastic Industry Indicators 2016’ report due to be released at the 8th edition of GPCA PlastiCon by Gulf Petrochemicals and Chemicals Association (GPCA), the go to resource for industry ...

  DUBAI / Emirates Business Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, was recently awarded a three-year contract worth approximately AED 4 million by the iconic Dubai Maritime City, a sole specialized maritime cluster for UAE and GCC and dubbed as world’s first maritime center. Under terms of their agreement, Imdaad will deliver integrated FM ...