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Insiders trading ban effective next week

ABU DHABI / WAM A ban on insiders’ trading on UAE capital markets will go into force effective next week until the revelation of the Q3 financial statements by listed companies in compliance with the rules and regulations of the Securities and Commodities Authority. The Abu Dhabi Securities Exchange and Dubai Financial Market have announced that the band shall be ...

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Aldar, Union National Bank tie up for escrow services

DUBAI / WAM Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has signed an agreement with Union National Bank to provide escrow account services for Water’s Edge buyers. The partnership will enable Aldar to utilise escrow facilities for the recently announced waterfront development, and Yas Island’s first mid-market property, which comprises 2,255 apartments. Talal ...

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Emirates NBD named ‘banking company of year’

Dubai / Emirates Business Emirates NBD, a leading bank in the region, took home the title of ‘Banking Company of the Year’ at the annual Gulf Business Awards. Recognised for its strong financial performance and continued commitment to the digitalisation of banking services in the UAE, the bank received the prestigious honour for the second consecutive year. Emirates NBD was ...

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