Tag Archives: United Arab Bank

Business & Investments

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX)

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX) to Offer Seamless IPO Subscription Services for Customers

United Arab Emirates – 04 September 2025: United Arab Bank (UAB) has announced a strategic collaboration with Abu Dhabi Securities Exchange (ADX), one of the region’s fastest-growing exchanges, to facilitate access to Abu Dhabi based capital markets. This partnership will enable UAB’s customers to seamlessly subscribe for upcoming IPOs (Initial Public Offerings) directly through the bank, or through ADX’s eIPO Investor Portal, ensuring a simple, secure, and customer-centric experience.

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Business & Investments

Fitch upgrades United Arab Bank’s Viability Ratings  to ‘bb-‘ and affirms Long-term Ratings  at ‘BBB+’, outlook Stable

Fitch upgrades United Arab Bank’s Viability Ratings  to ‘bb-‘ and affirms Long-term Ratings  at ‘BBB+’, outlook Stable

The upgrade of UAB’s VR reflects the bank’s improved asset quality and profitability metrics.

UAE, 19 March 2025: United Arab Bank (UAB) announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable outlook and upgraded its Viability Rating (VR) to ‘bb-‘ from ‘b+’.

The upgrade of the VR reflects the bank’s improved asset quality and profitability metrics, which Fitch expects to be sustained in the medium term, resulting from the bank’s loan book clean-up process, and tightening of underwriting standards, but also underpinned by favorable operating environment in the UAE.

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Business & Investments

United Arab Bank Prepares for a Greener Future with SAP-Powered Digital Transformation

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United Arab Bank Prepares for a Greener Future with SAP-Powered Digital Transformation

Financial solutions provider based in UAE set to modernize its IT infrastructure, leveraging RISE with SAP hosted on AWS to support environmental and workforce sustainability goals

Johannes Dressler, SAP MEA South COO; Sophia Mendelsohn, SAP Chief Sustainability Officer; Shirish Bhide, CEO of UAB; and Ayman AlQudsi, CIO of UAB, attended the signing ceremony.

DUBAI, UAE — 30 January, 2023— United Arab Bank (UAB), a leading financial solutions provider to individual and corporate clients in the UAE, has announced it will embark on a digital transformation powered by global technology company SAP SE, with Amazon Web Services (AWS) securely hosting the data. The adoption of RISE with SAP and deployment of various SAP solutions, led by UAB’s Chief Information Officer, Ayman AlQudsi, who has orchestrated a scalable digital transformation roadmap, will enhance the bank’s services to its customers and employees, while also preparing the way to adopt SAP’s ‘carbon accounting’ approach with continual measurement and reporting on green data.

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