Tag: capital increase

Home » capital increase
United Arab Bank Approves AED 1.03 Billion Capital Increase
Post

United Arab Bank Approves AED 1.03 Billion Capital Increase

The United Arab Bank (UAB) has announced a significant capital increase during its recent annual general assembly meeting. The assembly approved the issuance of rights shares, raising a total of AED 1.03 billion. This capital hike aims to enhance the bank’s financial stability and support its future growth requirements. The rights for subscription will be...