ABU DHABI / WAM The number of Chinese investors in the UAE’s money markets reached 817 as of end of 2017, and value of their trades exceeded AED900 million, according to official statistics of over 15 Chinese investment institutions in the UAE. In 2017, the numbers of buy and sell deals by Chinese investors in the Dubai Financial Market (DFM) ...

DUBAI / Emirates Business Union National Bank (UNB), one of the leading banks based in the United Arab Emirates, recorded a profit of AED841 million for the first half of 2018. The profit for the second quarter of 2018 of AED416 million was lower by 2% quarter-on-quarter as the group continued to remain selective to book new business amid scheduled ...

DUBAI / WAM Sharjah Islamic Bank (SIB) has achieved a net profits of AED 283.0 million in the first half 2018 compared to AED272.9 million in same period last year, a 4 percent increase. According to first half financial results, total assets reached AED42.8 billion at the end of H1 compared to AED38.3 billion at the end of 2017, representing ...