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 / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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