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First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) () is the largest bank in the United Arab Emirates. It was formed following a merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD). FAB offers financial solutions, products and services through its Corporate and Investment Banking and Personal Banking franchises. Headquartered in Abu Dhabi in Khalifa Business Park, the bank has a presence in five continents: Asia Pacific (APAC), Europe, Americas, Middle East and Africa (EAMEA). History First Abu Dhabi Bank was formed as a result of a merger between FGB and NBAD. On 3 July 2016, the two UAE banks announced that their boards of directors had voted unanimously on the recommendation to shareholders for the merger of the two entities. The transaction was approved by the respective shareholders on 7 December 2016. The transaction was executed through a share swap, with FGB shareholders receiving 1.254 NBAD shares for each FGB share they held. The merger led to the creation of the UA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBAD Private Bank (Suisse) SA
NBAD Private Bank (Suisse) SA is a Swiss private bank located in the heart of Geneva. It provides private banking services for private clients. It is an independent and wholly owned subsidiary of the NBAD, National Bank of Abu Dhabi Group (NBAD Group). The National Bank of Abu Dhabi The National Bank of Abu Dhabi (NBAD) was incorporated in 1968 and is listed in the Abu Dhabi Securities Exchange (ADX), under stock code NBAD. It has one of the largest networks in the UAE, and its international network includes all areas of the world. Since 2009, the bank has been ranked each year one of the World’s 50 Safest Banks by ''Global Finance'' magazine, the safest bank in the Middle East. It was also named in 2011 the Best Bank in the UAE for the third consecutive year and for the fifth time in a decade by ''Euromoney'' and in 2012 the Best Private Bank in the UAE by ''the Banker''. NBAD surpassed the US$1 billion net profits in 2010, becoming the first UAE bank to reach this milest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emirati Companies Established In 2017
Emirati may refer to: *pertaining to the country of United Arab Emirates *the people of the United Arab Emirates, see Emiratis The Emiratis (; ) are the Citizenship, citizen population of the United Arab Emirates. Within the UAE itself, their number is approximately 1.15 million. Formerly known as the Trucial States, the UAE is made up of Emirates of the United Arab E ... * Emirati culture {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2017
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Income
In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (accounting), amortization, interest, and taxes, and other expenses for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Weil, Schipper, Francis. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in Equity (finance), shareholders' equity that results from a company's operations.Weil, Schipper, Francis. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For Household, households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf Business
__NOTOC__ ''Gulf Business'' is a weekly magazine published from Dubai, United Arab Emirates, and focusing on Middle East business news, especially in GCC countries. It was launched in 1996. It is published in Motivate Media Group. The magazine has reported on a rival magazine, ''Arabian Business''. It has also reported on the Dubai, Sharjah, Ajman (DSA) conurbation of emirates. The magazine is quoted in books. The magazine uses social media, including Twitter (as "GulfBusiness") since 2009. Gulf Business Awards The magazine organizes the annual Gulf Business Awards. See also * ''Arabian Business ''Arabian Business'' (''AB'') is a weekly business magazine published in Dubai and focusing on global and regional news analysis. The brand is aimed at the English and Arabic-speaking communities and is published in both languages. Its circula ...'' References External links Official website {{DEFAULTSORT:Gulf Business 1996 establishments in the United Arab Emirates Magazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hana Al Rostamani
Hana or HANA may refer to: Places Europe * Haná, an ethnographic region in the Czech Republic * Haná (river), a river in the Czech Republic * Traianoupoli, Greece, called Hana during the Ottoman period * Hana, Norway, a borough in the city of Sandnes, Norway West Asia * Hana, Iran, a city in Isfahan Province, Iran * Hana, Fars, a village in Fars Province, Iran * Hana, Kerman, a village in Kerman Province, Iran * Hana Rural District (other), in Iran * Kingdom of Khana or Kingdom of Hana, a Syrian Kingdom in the middle Euphrates region Pacific * Hana, Hawaii, a census-designated place in the United States **Hana Highway, a road in Hawaii Africa * Hana, Ethiopia, a town in the woredas of Selamago in Ethiopia People * Hana (name), a given name and list of people with the name * Ben Hana (1957–2012), New Zealand activist * Marion Tait, British ballerina Music Musicians * Hana (American musician), stage name of American singer-songwriter and producer Hana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalifa Business Park
''Khalifa'' or ''Khalifah'' (; commonly "caliph" in English) is a name or title which means "successor", "ruler" or "leader". It most commonly refers to the leader of a Caliphate, but is also used as a title among various Islamic religious groups and others. There were four Rashidun caliphs after Muhammad died, beginning with Abu Bakr. The ''Khilaafat'' (or Caliphate) was then contested and gave rise to the eventual division of the Islamic Umma into two groups, the Sunni and the Shi'a who interpret the word ''Khalifa'' in differently nuanced ways. The earliest Islamic uses include Khaleefa(ḥ)''' in The Qur'an, 2:30, where God commands the angels to bow down to Adam) with reverence. "Vicegerent", therefore, is more at "divinely-guided spokesman" than "deputy" in this context and leads to the discovery of the role of Imam in Islam, from the ''Shi'i'' or Shi'a point of view where, it is claimed, the spiritual ''Khilaafat'' or designation of ''Khaleefa'' in this meaning of spiritu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi
Abu Dhabi is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's List of cities in the United Arab Emirates, second-most populous city, after Dubai. The city is situated on a T-shaped island, extending into the Persian Gulf from the central-western coast of the UAE. Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. , Abu Dhabi's urban area had an estimated population of 2.5 million, out of 3.8 million in the emirate of Abu Dhabi. The Abu Dhabi Investment Authority is headquartered in the city, and was the Sovereign wealth fund#Largest sovereign wealth funds, world's 3rd largest sovereign wealth fund in 2022. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various List of coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
