Feb 08, 2012
What's Down:
Union National Bank's share dip their most since 2009 after the lender's profits fall to their lowest since the onset of the global financial crisis. Read Article UNB reports worst quarter in three years
Feb 06, 2012
Dubai Group remains committed to reaching a debt restructuring deal, a spokesperson for the firm says. Read Article Dubai Group restructuring still on
Dec 28, 2011
Lessons have been learned from Dubai's financial crisis, bankers say. But the scars of the recent troubles are expected to be with the sector for years. Read Article UAE banks not out of woods yet
Dec 19, 2011
Analysts warn that Emirates NBD faces a further three years of provisioning to cover for the cost of defaulting loans. Read Article Mounting debt costs to haunt Emirates NBD
Oct 25, 2011
Emirates NBD reports a plunge in earnings because of bad debts at an arm of Dubai Holding, the worst quarter since the start of the financial crisis for the UAE's biggest bank. Read Article Bad debts hit Emirates NBD bottom line
Oct 11, 2011
Emirates NBD is to acquire Dubai Bank, the Islamic bank which Dubai's government took control of in May. Read Article Emirates NBD to takeover Dubai Bank
Jul 08, 2011
Moody's says bad debts at UAE banks could peak this year, but warns that Dubai banks' troubles with problem loans will continue to mount. Read Article Moody's forecasts bad loans will soar
Jun 03, 2011
Jordan's largest power company changes hands in a deal which will reshape the kingdom's rapidly growing power industry and help Dubai International Capital's efforts tackle its debt burden. Read Article Unit of Dubai Holding divests stake in Jordanian utility
Apr 29, 2011
Dubai Holding division made a small profit in 2010 as asset write-downs eased. Read Article Dubai Holding Commercial Operations Group swings back into profit
Apr 07, 2011
Unrest in Libya and the wider North African region is causing companies which were planning to open offices on a $300 million business park in Malta - being built by Dubai Holding - to hold off. Read Article North Africa unrest delays Malta plans
