Abu Dhabi Commercial Bank

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Recent Articles

• ETA Star signs loan agreement with ADCB13 October 2007

  Property developer ETA Star has signed a loan agreement with Abu Dhabi Commercial Bank (ADCB) for the construction of its Taj Exotica Resort & Spa.

• UAE property to ride out global credit squeeze6 September 2007

  Population growth, shortages of supply to support UAE's real estate demand.

• ADCB buys $51mn stake in Dubai investment bank2 September 2007

  Abu Dhabi Commercial acquires 41% of Gulf Merchant Group, gains assets outside UAE.

• Three take Barari stake17 August 2007

  Al Barari has finalised a deal that will see Abu Dhabi Commercial Bank (ADCB), Burooj Properties and Oman Emirates Investment Holding Co SAOG (O&E) each taking a minority stake in its flagship project, the US $1.8 billion (AED6.6 billion) Al Barari residential development at Nad Al Sheba in Dubai.

• ADCB plans Islamic unit 22 July 2007

  Abu Dhabi Commercial Bank says an Islamic banking subsidiary will be operational by end of year.

• 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.

• ADCB set for recovery after weak Q217 July 2007

  Abu Dhabi Commercial Bank is poised to end five straight quarters of weak profits, analysts say.

• ADCB has no merger plans 9 July 2007

  Abu Dhabi Commercial Bank says it has no immediate plans to merge with a UAE rival.

• ADCB pioneers Microsoft Windows Server 20084 July 2007

  Abu Dhabi Commercial Bank (ADCB) is to be the first financial institution in the region to adopt Microsoft Windows Server 2008, Microsoft announced yesterday.

• ADCB buy makes sense for NBAD11 June 2007

  NBAD CEO says no merger under consideration, but banking consolidation makes sense.

• ADCB and Fidelity educate investors31 May 2007

  Abu Dhabi Commercial Bank (ADCB) has partnered with Fidelity International, the investment management and services house, to launch a high level investor education programme for its customers.

• Emaar to enveil new tower10 May 2007

  The first of two Boulevard Plaza towers in the Burj Dubai district is set to launch this Sunday.

• All the world's a stage30 April 2007

  Top musical comes to Abu Dhabi.

• ADCB and Fidelity educate investors29 April 2007

  Customers of Abu Dhabi Commercial Bank will be able to enrol in investor education programme.

• IPO income slump damages ADBC profits16 April 2007

  Declining stock markets in the UAE has dragged down income for the Abu Dhabi banking giant.

• Indians get new UAE bank service4 April 2007

  ADCB has linked up with UTI Bank to bring easy banking to non-resident Indians.

• Etihad rules out cancelling A38022 March 2007

  The Abu Dhabi airline - which expects revenue to rise to $1.25bn this year - is still looking to expand its fleet.

• ADCB first to outsource ATMs18 March 2007

  NCR will remotely monitor and support ATM network.

• ADCB ATM management outsourced to US firm8 February 2007

  Abu Dhabi Commercial Bank (ADCB) has outsourced the incidence management of its ATMs to US firm NCR.

• ADCB fights money laundering with Ace Scan Solutions31 December 2006

  Abu Dhabi Commercial Bank (ADCB) is to use software from Ace Software Solutions, a provider of fully integrated Straight Through Processing (STP) enabled payments and transaction processing solutions for the banking sector, to improve its compliance with anti-money laundering (AML) regulations.

• Real estate investment trust for DIFC31 December 2006

  Dubai International Financial Centre (DIFC), Abu Dhabi Commercial Bank (ADCB) and the real estate division of Macquarie Bank of Australia have announced the signing of a memorandum of understanding to develop a real estate funds management joint venture.