Earnings from international clients rose four per cent in 2012.
ADCB’s fourth quarter profit rose on higher net-interest income and lower provisions.
Banks taking part will also be chosen for future work.
National Bank of Abu Dhabi attributed the profit increase to higher investment and interest income.
The financing for the Jorf Lasfar plant is the largest in over a decade for an international project in Morocco.
The emirate welcomed over 2.3 million hotel guests last year, up 13 per cent from 2011.
The UAE-based lender plans to launch a conventional bond in the coming few days, say sources.
Property firms Aldar and Sorouh agreed on an all-share merger last week creating a company with $13 billion in assets.
The Abu Dhabi- based real estate developers are merging to form a new entity with Dhs47 billion in assets.
Abu Dhabi airline become the cultural icon’s exclusive international airline partner
Sorouh will be dissolved as part of the merger, and the new entity, called Aldar Sorouh Properties, will have over $47 billion in assets.
The Abu Dhabi-based property developers will merge through a share swap, according to sources.
South African energy minister says Abu Dhabi- based Masdar has expressed interest in the African nation’s renewable energy programme.
Abu Dhabi’s new water theme park will offer never-before-seen rides and thrills when it opens next week.
Gulf Business spotted a number of innovative cars and motorcycles at this year’s World Future Energy Summit in Abu Dhabi.
VIDEO: Golf Digest Middle East editor Robbie Greenfield reflects on a mouth-watering contest between Tiger Woods and Rory McIlroy.
Tony Douglas, CEO of Abu Dhabi Ports Company, reports on delivering phase one of the capital’s most ambitious project to date.
Abu Dhabi airline’s arrival in May will help boost Netherlands-UAE trade links, currently valued at $3.6 billion
The golfing star has split from previous sponsor Jumeirah and joins Tiger Woods.
The Abu Dhabi Executive Council has announced a Dhs330 billion financial injection to fund various projects and initiatives in the emirate.
The Abu Dhabi National Energy Company has acquired an interest in Himachal Sorang Power Limited for an undisclosed sum.
Luxury two-floor facility targets government ministers, VIPs and celebrities.
Abu Dhabi-listed Dana reached an agreement with creditors to amend terms of a $920 million Islamic bond.
The Abu Dhabi airline set a new record for the number of people it carried in a single day.
The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.
The former world number one will compete for the $2.7 million prize at the Abu Dhabi Golf Club on January 17.
The two Abu Dhabi-based property developers have a combined market capitalisation of about Dhs10 billion.
The Louvre museum in the emirate is due to be completed in 2015.
Abu Dhabi-based Etihad could pay up to $330 million for a 24 per cent stake in Jet Airways, says source.
The Abu Dhabi-based airline is in final stages to acquire a part of the Indian carrier, say sources.