National Bank of Abu Dhabi Third-Quarter Profit Rises 12%

Sunday, October 23rd, 2011

National Bank of Abu Dhabi PJSC , the United Arab Emirates’ second-biggest bank by assets, said third-quarter profit rose to 1.03 billion dirhams from 919.8 million dirhams a year earlier. The company made the announcement in a statement to the Abu Dhabi bourse today. Find more info about National Bank of ...

HSBC to Halt U.A.E. Retail Brokerage After Volumes, Stocks Slump

Monday, October 17th, 2011

HSBC Holdings Plc, Europe’s biggest bank, will stop offering brokerage services to retail investors in the United Arab Emirates and will focus on institutional clients after local trading volumes and stocks plummeted. Find more info about HSBC to Halt U.A.E. Retail Brokerage After Volumes, Stocks Slump photos videos pictures. read more

Dubai’s Shares Drop to 7-Month Low Led by Emaar on Europe Woes

Sunday, October 2nd, 2011

Dubai’s stocks are poised for their lowest close in almost seven months, led by Emaar Properties PJSC, after oil declined and on concern Europe’s sovereign debt crisis may hurt the United Arab Emirates’ banks. Find more info about Dubai’s Shares Drop to 7-Month Low Led by Emaar on Europe Woes photos ...

Abu Dhabi Bond Near High Helped by Flight to Safety: Arab Credit

Tuesday, September 27th, 2011

Investors are shunning equity markets in the United Arab Emirates and turning to Abu Dhabi’s investment-grade bonds on concern Europe will struggle to contain its debt crisis. Find more info about Abu Dhabi Bond Near High Helped by Flight to Safety: Arab Credit photos videos pictures. read more

Newborn Death Rate Higher In USA Than 40 Other Countries

Tuesday, August 30th, 2011

The USA is in 41st place worldwide regarding newborn mortality rate, a drop from 29th place in 1990. America's newborn death rate today is equal to that of Croatia, Qatar and the United Arab Emirates, according to a new report published in PLoS Medicine. The article is a collaboration ...