Recent Posts

UAE rulers wish Uzbek president on re-election

ABU DHABI / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President of Uzbekistan, Shavkat Mirziyoyev on his re-election to the post. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

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ECI gets Fitch’s AA- rating for 3rd year in a row

DUBAI / WAM Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, Chairman of the Board of Directors of the Etihad Credit Insurance (ECI), commended the ECI for receiving the Insurance Financial Strength (IFS) Rating and an Issuer Default Rating (IDR) of AA- (Very Strong) with Stable Outlook from Fitch Ratings, for the third year in a row. Fitch ...

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NBF’s nine-month net profit up 36.4% to hit AED90.4mn

Fujairah / Emirates Business The National Bank of Fujairah (NBF) announced its results for the nine month period ended September 30. The bank achieved a net profit of AED90.4 million for the nine month period ended September 30, an increase of 36.4% over the corresponding period of 2020 driven by improving underlying business momentum and good progress across the bank’s ...

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