Monday 16, June 2008 by Mike Gallagher

NBAD denies AUB merger rumours

National Bank of Abu Dhabi (NBAD) has issued a statement saying that they are not taking part in any discussions with Bahrain-based Ahli United Bank (AUB) about a possible merger. The statement from NBAD said the bank was not taking part “in any negotiations or talks with any bank or financial institution in the region for mergers and acquisitions.”

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