Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Monday reported its financial results for the first nine months ending September 30, 2017. The net profit for 9M 2017 stood at AED1.7 billion, a 12% increase YoY. The impairment allowance was down by 30% YoY, while operating expenses were lower by almost 2% on ...

Abu Dhabi / Emirates Business A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project. During the visit, the delegation toured the ...

SHARJAH / WAM The United Arab Bank (UAB) announced its financial results for the nine months ended September 30, 2017, reporting a net profit of AED50 million. The performance in the third quarter reflects continued positive traction against the Bank’s Transformation Strategy set out in H2, 2015 to become a safer, stronger and sustainable Bank. The bank continued to strengthen ...