Umm Al Quwain: The National Bank of Umm Al Quwain, NBQ
, has announced Dh135.18 million in net profits for the first quarter in 2019, a three per cent increase compared to the same period last year, which registered Dh131.03 million.
"I would like to thank His Highness Shaikh Saud Bin Rashid Al Mualla, Member of the Supreme Council and Ruler of Umm Al Quwain, NBQ
Bank, XSport Motorsport, Gulf Sport Racing and all my friends and family, without whom none of this would be possible.
"The court ruled the previous verdict void and referring the case to the court of appeals to rule on it all over again," NBQ
said in a statement on Tuesday, citing the court ruling.
The firm won a similar outcome from a Dubai court case in 2010, which NBQ
The dispute began when GIH placed the deposit at the Dubai branch of NBQ
, GIH said, adding that the court has also ordered NBQ
to pay USD54.6m in interest and expenses.
's moderately high exposures to the real estate and construction sectors and the current uncertainties in the slowing domestic economy are major constraining factors.
was established in 1982 by the ruler of Umm Al-Qaiwain.
"Global shall have the option to convert the instrument into 330m new shares of NBQ
," they said.
captains are assigned from the CCC to major Army commands (MACOMs) based on the unit readiness of subordinate units, the number of officers required by the Officer Distribution Plan (ODP), and when the officer can report to the command.
Dubai: National Bank of Umm Al-Qaiwain (NBQ
) has reported a net profit of Dh237.79 million for the first half of 2018, up 13 per cent compared to Dh210.59 million for the same period in 2017.
Capital Intelligence Ratings (CI Ratings of CI), the international credit rating agency, today announced that it has affirmed the Financial Strength Rating (FSR) of the UAE's National Bank of Umm Al Qaiwain (NBQ
) at 'BBB'.
National Bank of Umm Al-Qaiwain, or NBQ
, on Wednesday said its 2014 first-half net profit rose to Dh186.32 million from Dh184.66 million in the corresponding period last year.