National Bank of Abu Dhabi

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Recent Articles

• Abu Dhabi bourse plans Asia roadshow8 April 2008

  Some of emirate's biggest listed companies to accompany stock market on public relations drive.

• Central bank calls on UAE to curb spending2 April 2008

  Governor Al-Suweidi says gov't must rein in spending to control record inflation in the Emirates.

• UAE money supply skyrockets25 March 2008

  Supply growth surges at second-fastest pace in five years, up more than a third at end of December.

• NBAD $378mn bond-stock swap given nod24 March 2008

  Shareholders approve swap plans as well as 40% cash dividend and 20% bonus shares.

• NBAD wins multi-million gambling lawsuit17 March 2008

  London casino claims bank liable for unpaid debt from Emirati's $200mn betting spree.

• Limitless clinches $1.2bn Islamic loan9 March 2008

  Dubai-based developer secures Sharia-compliant deal as part of global funding and expansion plan.

• Qatar rent cap to slash inflation 40%4 March 2008

  Two-year rent freeze could help cut inflation in Gulf state, which hit 14% last year, NBAD says.

• UAE to publish inflation data monthly27 February 2008

  Emirates plans to update consumer price index following review, source reveals.

• UAE inflation 11% in 2007 - NBAD25 February 2008

  National Bank of Abu Dhabi revises forecast up by almost three percentage points on rising rents.

• NBAD to manage wave of 2008 IPOs19 February 2008

  National Bank of Abu Dhabi expects to oversee eight initial public offerings this year, senior exec says.

• NBAD calls up Avaya solution11 February 2008

  National Bank of Abu Dhabi rolls out Avaya IP Telephony to over 100 branches

• NBAD to sell $545mn of bonds to fund expansion10 February 2008

  Abu Dhabi lender says 10-year floating rate convertible bonds to be listed on London bourse.

• NBAD plans $545mn bond9 February 2008

  UAE's second-largest lender to list 10-year convertible bonds on LSE to fund overseas expansion.

• UAE revaluation 'soon' - NBAD29 November 2007

  Dirham undervalued against dollar by between 10% and 15%, UAE's second-largest lender says.

• NBAD finances Etihad Airbus acquisitions29 October 2007

  National Bank of Abu Dhabi underwrites $288mn loan facility to purchase four A330-200 aircraft.

• NBAD makes second straight profit gain 23 October 2007

  UAE's second-biggest lender tops analysts' forecast with rise in net income of 14% to $156.9mn in Q3.

• Buy Gulf stocks now, bank says16 October 2007

  National Bank of Abu Dhabi urges investors to cash in on property, energy opportunities in regional markets.

• NBAD launches mobile money transfer7 October 2007

  SMS Money Transfer allows customers to transfer money by SMS to any mobile phone user.

• NBAD moves funds out of Dubai22 August 2007

  Abu Dhabi bank shifts focus to Saudi Arabia and UAE capital as Dubai's stock market continues its decline.

• NBAD eyes mergers, international expansion6 August 2007

  Chief executive says Abu Dhabi bank looking for acquisition targets, but has yet to find the right fit.

• NBAD mulls $1.75bn bond sales23 July 2007

  National Bank of Abu Dhabi has said it is considering selling bonds worth $1.75bn.

• ADCB rules out immediate NBAD merger22 July 2007

  Abu Dhabi Commercial Bank says it sees no merger with National Bank of Abu Dhabi for at least two years.

• NBAD secures Westar mortgage rights9 July 2007

  National Bank of Abu Dhabi is set to provide mortgages for the projects of the Dubai-based properties company.

• Pearl Azure hotel finance deal completed25 June 2007

  NBAD and Emirates Bank conclude $354m hotel acquisition financing for Pearl Azure Hotels.

• National Bank of Abu Dhabi to restructure24 June 2007

  Move by UAE's largest lender comes as more consolidation within the sector looks likely.