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Events on UAE markets for Wednesday

Events on UAE markets for Wednesday
Photo Credit: Arabianeye-Reuters
CBD
CBD
0.00% 6.70 0.00
WATANIA
WATANIA
-3.11% 0.56 -0.02
FGB
FGB
-0.39% 12.90 -0.05

NBF
NBF
-0.19% 5.29 -0.01

United Arab Emirates – Mubasher: Shareholders and investors on UAE markets are set to see several events related to their listed stocks on Wednesday.

The board of the Commercial Bank of Dubai (CBD) will meet to discuss financials for the first quarter of 2015. CBD reported a 19% in net profits for 2014, reaching AED 1.2 billion compared to AED 1.01 billion in 2013.

The boards of Abu Dhabi’s First Gulf Bank (FGB) and the National Bank of Fujairah (NBF) will convene today to discuss financials for Q1-15.

FGB reported an annual growth of 18% to AED 5.7 billion in 2014 compared to AED 4.77 billion in 2013.

NBF reported a net profit of AED 505.4 million in 2014 compared to AED 393.1 million the year before, registering a profit increase by 29%.

Dubai-listed Dar Takaful’s shareholders will also meet today.