GCC states have given Egypt billions of dollars since the army toppled President Mohamed Mursi.
The lender offered a 15 per cent cash dividend plus bonus shares of 10 per cent in 2012.
Can Iraq’s oil prospects offset foreign investor’s security concerns?
The lender made a net profit of Dhs1.37 billion in Q4 2013, compared with Dhs1.15 billion in the prior-year period.
Waha has picked HSBC Holdings and First Gulf Bank to help arrange the five-year loan.
The bank made Dhs518 million in Q4 2013, up from Dhs311.7 million in the corresponding period the year before.
The bank made a net loss of 1.8 million rials in Q4 2013, compared to a net loss of 4.77 million rials in the year before period.
The new initiative Ro’Ya will help boost the rate of female entrepreneurship in the UAE, experts said.
James Burdett was chief financial officer for ANZ.
Net profit for the quarter was Dhs1.08 billion, slightly lower than Dhs1.12 billion in the year-ago quarter.
Full-year net profit was 32.16 million dinars compared with 30.89 million dinars in the same period a year ago.
The Dubai index has dropped for two consecutive sessions but is still up in January.
ENBD’s loans to Dubai government consist of Dhs91 billion out of a total loan book of Dhs238.3 billion.
A 26 per cent rise in net interest income was offset by a 40 per cent year-on-year jump in impairment allowances.
The bank’s profit was boosted by a rise in net interest income and net fee and commission income.
The bank reported Dhs879 million for the quarter, beating analysts’ estimates.
The Danish bank hopes the new platform will ‘transform trading into a social experience’.
The Bahraini wealth fund’s finances were hit by losses at struggling national carrier Gulf Air.
The KIA is estimated to have around $386 billion under management.
Lenders agreed to restructure about $6 billion of bank facilities while $4 billion will be repaid after bank creditors are satisfied.
Former Goldman Sachs economist Jim O’Neill created the ‘BRIC’ family in 2001.
Hazel Carter-Showell, founding director of CarterCorson, a UK based firm of business psychologists, says don’t be afraid to stand out in a meeting.
Qatar, a firm backer of Mohamed Mursi, lent or gave Egypt $7.5 billion during the year the Islamist was president.
The lender, 40 per cent owned by Qatar National Bank, is aiming to raise Dhs1.1 billion through the issuance of 787.9 million shares.
The conditions include a licensing regime for issuers of covered warrants and disclosure requirements.
The bank’s profit rose for a fourth consecutive year, owing to its robust business performance.
The IPO listing is expected to take place before June this year, according to the company’s CEO.
Under the Debts Settlement Fund initivate, banks are required to waive 50 per cent of Emirati debtors’ loans.
Women in the finance sector can assess the immediate financial impact on a business, which raises their credibility across boards.
The deal is expected to cut the costs of a loan which was signed in 2010.