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Union National Bank
Union National Bank (UNB) was a bank based in Abu Dhabi, United Arab Emirates, from 1982 until it merged with Abu Dhabi Commercial Bank in 2019. It was established as a Public Joint Stock Company in 1982 became one of the UAE's leading domestic banks in the United Arab Emirates. The bank offered a variety of products and services to individuals and corporations. It had 50-plus branches and banking centers. In 2006, the Bank acquired the Alexandria Commercial and Maritime Bank, which was established in 1981 in Alexandria, Egypt Alexandria ( or ; ar, ٱلْإِسْكَنْدَرِيَّةُ ; grc-gre, Αλεξάνδρεια, Alexándria) is the second largest city in Egypt, and the largest city on the Mediterranean coast. Founded in by Alexander the Great, Alexandria ..., in a privatization. Board of directors *Sheikh Nahyan Bin Mubarak Al Nahyan *Rashed Darweesh Ahmad Al Ketbi Member *Ahmad Saeed Mohammed Al Badi Al Dahiri Member *Mohmmed Ahmad Al Bowardi Al Flasi Memb ...
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Agha Hasan Abedi
Agha Hasan Abedi ( ur, ), (14 May 1922 – 5 August 1995) was a Pakistani banker and convicted felon who founded Bank of Credit and Commerce International (BCCI) and saw its collapse after one of the biggest banking fraud scandals in history was unearthed. Before his death, he was convicted by the United Arab Emirates court for fraud and was sentenced for eight years in prison. Abedi also founded United Bank Limited. Abedi underwent a heart transplant operation in 1988, and died of a heart attack on 5 August 1995 in Karachi. Early life and education Agha Hasan Abedi was born in Lucknow, British India to a middle class family with members who served as advisors and courtiers to the Nawab of Awadh. He received his master's degree in English literature and a law degree from Lucknow University. Abedi migrated to Pakistan after the creation of Pakistan in 1947. Career Abedi started his career at the age of 24 when he joined Habib Bank Limited. In 1959, Abedi founded the United ...
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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 ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank PJSC ( ar, بنك أبوظبي التجاري) (), commonly called ADCB, is a bank in the United Arab Emirates. Abu Dhabi Commercial Bank (ADCB) was formed in 1985 as a public shareholding company with limited liability, following the mergers between Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank, which was established in 1975. The Government of Abu Dhabi through the Abu Dhabi Investment Council (ADIC) holds 62.52% of ADCB shares; the remainder is held by other institutions and individuals. ADCB is the third-largest bank in the UAE in terms of balance sheet size and offers a range of commercial and retail banking services to its customers. As of 30 September 2018, it employs over 5000 people serving retail and corporate clients. Aside from 56 branches in the UAE, it has 1 branch in Jersey. It also operates out of representative offices in Singapore and London. In January 2019, a 3 bank merger was announced between ADCB, ...
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Alexandria, Egypt
Alexandria ( or ; ar, ٱلْإِسْكَنْدَرِيَّةُ ; grc-gre, Αλεξάνδρεια, Alexándria) is the second largest city in Egypt, and the largest city on the Mediterranean coast. Founded in by Alexander the Great, Alexandria grew rapidly and became a major centre of Hellenic civilisation, eventually replacing Memphis, in present-day Greater Cairo, as Egypt's capital. During the Hellenistic period, it was home to the Lighthouse of Alexandria, which ranked among the Seven Wonders of the Ancient World, as well as the storied Library of Alexandria. Today, the library is reincarnated in the disc-shaped, ultramodern Bibliotheca Alexandrina. Its 15th-century seafront Qaitbay Citadel is now a museum. Called the "Bride of the Mediterranean" by locals, Alexandria is a popular tourist destination and an important industrial centre due to its natural gas and oil pipelines from Suez. The city extends about along the northern coast of Egypt, and is the largest city on ...
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Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange (A.D.X.; formerly Abu Dhabi Securities Market (ADSM); ar, سوق أبو ظبي للأوراق المالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). Listed companies by sector List provided by Emirates Securities & Commodities Authority (SCA), including 73 companies in 4 sectors, whereas Abu Dhabi Securities Exchange provides more sectors. Banking Sector *ADCB: Abu Dhabi Commercial Bank *ADIB: Abu Dhabi Islamic Bank *BOS: Bank of Sharjah *CBI: Commercial Bank International *FGB: First Gulf Bank *FH: Finance House *INVESTB: Invest Bank *NBAD: National Bank of Abu Dhabi *NBF: National Bank of Fujairah *NBQ: National Bank of Umm Al Qawain *NBS: Sharjah Islamic Bank *NIB: Noor Bank *RAKBANK: The National Bank of Ras Al Khaima in UAE *UAB: United Arab Bank *UNB: Union National Bank Energy Sector *ADNOCDRILL: ADNOC Drilling *ADNOCDI ...
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Banks Established In 1982
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 ...
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Companies Based In Abu Dhabi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Bank Of Credit And Commerce International
The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The bank was registered in Luxembourg with head offices in Karachi and London. A decade after opening, BCCI had over 400 branches in 78 countries and assets in excess of US$20 billion, making it the seventh largest private bank in the world. BCCI came under the scrutiny of financial regulators and intelligence agencies in the 1980s, due to concerns that it was poorly regulated. Subsequent investigations revealed that it was involved in massive money laundering and other financial crimes, and had illegally gained the controlling interest in a major American bank. BCCI became the focus of a massive regulatory battle in 1991, and, on 5 July of that year, customs and bank regulators in seven countries raided and locked down records of its branch offices during Operation C-Chase. Investigators in the United States and the UK determined that BCCI ...
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2019 Mergers And Acquisitions
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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Defunct Banks Of The United Arab Emirates
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
{{Disambiguation ...
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