Trends - Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank

UAE lender ADCB posts 23% rise in Q3 net profit, beats estimates

DUBAI: Abu Dhabi Commercial Bank beat forecasts with a 23% rise in third-quarter profit on Wednesday helped by...

Published 23 Oct, 2024 03:33pm

Business & Finance

UAE’s ADCB plans to sell $500 million in tier 2 capital securities

UAE’s third largest lender Abu Dhabi Commercial Bank has hired banks to arrange investor meetings for the sale of US...

Published 02 Sep, 2024 12:21pm

Markets

Oil cut extension raises risk of Saudi economic contraction this year

DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude...

Published 10 Sep, 2023 01:01pm

Business & Finance

‘Abu Dhabi Commercial Bank in talks to sell $3.7bn of bad loans’

DUBAI: Abu Dhabi Commercial Bank PJSC (ADCB) is in talks with funds to sell 13.5 billion dirham ($3.68 billion) of...

Published 07 Apr, 2023 06:06am

World

Oman budget swings into surplus on oil price rise

Oman’s budget recorded a surplus of 357 million rials ($929.7 million) by the end of the first quarter, boosted by a...

Published 09 May, 2022 06:05pm

Markets

UAE bank ADCB quarterly net profit up 44%, beats forecasts

DUBAI: Abu Dhabi Commercial Bank, UAE's third-biggest lender, beat expectations with a 44% rise in fourth-quarter ...

Published 31 Jan, 2022 06:51pm

Business & Finance

Saudi imports from UAE jump back up in August

DUBAI: The value of Saudi Arabia's imports from the United Arab Emirates (UAE) in August increased by about 31% ...

Published 25 Oct, 2021 12:53pm

Business & Finance

Saudi Arabia's economy grew 1.5% in Q2, first expansion since pandemic

The oil sector contracted 7% year-on-year, but expanded 2.5% on a seasonally-adjusted quarter-on-quarter basis

Published 09 Aug, 2021 12:26pm

Business & Finance

ADCB posts 14pc increase in Q2 net profit

DUBAI: Abu Dhabi Commercial Bank (ADCB) , UAE’s third-biggest lender, reported a jump in second-quarter net profit...

Published 19 Jul, 2021 06:17am

Business & Finance

ADCB posts 14% increase in Q2 net profit, bullish on NMC recoveries

Net profit between April and June amounted to 1.4 billion dirhams ($381.22 million), a 14% increase year on year and a 25% increase quarter on quarter.

Published 18 Jul, 2021 05:32pm

Markets

Most major Gulf bourses in red; Egypt outperforms

DUBAI: Most major Gulf shares ended lower on Monday, hit by losses in the banking sector, while Egyptian shares...

Published 22 Jun, 2021 04:46am

Markets

Gulf markets up as oil prices rise; deals boost UAE, Bahrain

GFH traded 0.5% higher.

Published 09 Jun, 2021 01:13pm

Markets

Most major Gulf stock markets gain; Qatar index eases

In Qatar, the benchmark index, however, edged down 0.1%, as Industries Qatar fell 0.9%, but Qatar National Bank rose 0.1%.

Published 06 Jun, 2021 02:06pm

Markets

Abu Dhabi's Mubadala sells $1.5bn two-tranche bonds

The 10-year bonds offered investors an interest rate equivalent to 95 basis points over mid-swaps, while the 30-year Formosa bonds offered a 3.4% rate.
Mamoura had given an initial price guidance of around 130 basis points over mid-swaps for a 10-year tranche and around 3.7% for 30-year Formosa bonds.

Published 27 May, 2021 06:47pm

Markets

Abu Dhabi's Mubadala hires banks for euro bonds: document

They will hold investor calls starting on Tuesday, to be followed by an issue of six-year and 12-year euro-denominated bonds, subject to market conditions.
MDGH lost 9.4 billion dirhams in the six months ended June 30, 2020 versus a profit of 9.67 billion in the same period a year earlier, the prospectus showed.

Published 02 Mar, 2021 06:43pm

Markets

Dubai leads major Gulf markets higher

Saudi Arabia's benchmark index was up 0.1%, with Banque Saudi Fransi and SABIC Agri-Nutrients Co rising 1.7% and 2.7%, respectively.

Published 01 Feb, 2021 03:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Abu Dhabi Commercial Bank

Most Popular