Wednesday 29, July 2009 by

NBAD H1 net profits down 10.6 per cent, plans buyback

National Bank of Abu Dhabi (NBAD) H1 2009 net profits AED 1.677 billion ($457 million), down 10.6 per cent, net collective and specific provisions up AED 355 million ($97 million) on year-ago levels at AED 500 million ($136 million).

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more