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First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) ( ar, بنك أبوظبي الأول) 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 mer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 therefore 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 Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalifa Business Park
Khalifa or Khalifah (Arabic: خليفة) 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. Khalifa is sometimes also pronounced as "kalifa". There were four khalifas after Muhammad died, beginning with Abu Bakr. This was a difficult decision for the people to make, for no one except Muhammad had ever thought with foresight about who would rule after he would die. 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 Allah commands the angels to bow down to Adam which more clearly guides to the root Classical Arabic meaning of the word as "Vicegerent", or divinely connected representative of Allah i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emirati Companies Established In 2017
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Emirati may refer to: *pertaining to the country of United Arab Emirates *the people of the United Arab Emirates, see Emiratis *Emirati culture The Culture of the United Arab Emirates is part of the culture of Eastern Arabia. [...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. Because 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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve 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 Ajman ( ar, عجمان, '; Gulf Arabic: عيمان ʿymān) is the capital of the emirate of Ajman in the United Arab Emirates. It is the fifth-largest city in UAE after Dubai, Abu Dhabi, Sharjah and Al Ain. Located along the Persian Gulf, i ... (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'' References External linksOfficial 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 central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The 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 share price, market share, revenues or another element. In the non-profit 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 main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hana Al Rostamani
Hana or HANA may refer to: Places Europe * Haná, an ethnic region in Moravia, 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 Pacific * Hana, Hawaii, a census-designated place in Maui County, Hawaiʻi, USA **Hana Highway, long and winding road connecting Hana, Hawaiʻi to the rest of the island of Maui 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 Entertainment * ''Hana'' (film), a 2006 Japanese black comedy by Hirokazu Koreeda Music Musicians * Hana (American musician), stage name of American singer-songwriter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Abu Dhabi
National Bank of Abu Dhabi (NBAD) ( ar, بنك أبوظبي الوطني) was a bank operating in the United Arab Emirates (UAE) until it merged with the First Gulf Bank in December 2016 to form First Abu Dhabi Bank. NBAD was the largest lender bank in the Emirate of Abu Dhabi and in the United Arab Emirates. NBAD had the largest market capitalization among UAE banks. NBAD's line of businesses included a whole range of retail banking, corporate, wholesale and investment banking, wealth management and private banking; as well as Islamic banking, brokerage, property management and leasing. In 2015 NBAD set up a regional financial base in India as part of its overseas expansion strategy, NBAD had regional presence in Kuala Lumpur, Hong Kong and a representative office in Shanghai, China. The bank was also expanding to the South Korean market to expand its presence in Asia. In October 2012, the bank announced that it is planning to triple its contribution from Islamic banking by i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. The city of 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 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the world's 5th largest sovereign wealth fund in 2021. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various sovereign wealth funds headquartered there. Abu Dhabi houses local and federal government offices and is the home of the United Arab Emirates Government and the Supreme Petroleum C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Gulf Bank
FGB (formerly known as First Gulf Bank) was the third largest bank by assets in the United Arab Emirates (UAE), until it merged with the National Bank of Abu Dhabi in December 2016 to form First Abu Dhabi Bank, creating the largest bank by assets in the UAE. Established in 1979, FGB is headquartered in the Emirate of Abu Dhabi. FGB offers a wide range of financial services in the wholesale, consumer and treasury banking sectors, including Islamic banking and bancassurance solutions for businesses and consumers via a network of branches across the UAE. Internationally, FGB has a branch in Singapore - that includes global wealth management services and a branch in Qatar, representative offices in London, India, Hong Kong and Seoul, South Korea, and a subsidiary in Libya. In 2013, the bank restructured its business into three divisions: the Wholesale Banking Group, the Consumer Banking Group and the Treasury & Global Markets Group. In the same year, FGB also announced that it had acq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
