The number of deals also fell 20% year-on-year and last week, for the first time of any week since September 2004, there were no merger and acquisition deals worth more than $1 billion announced worldwide.
The meeting, which was presided over by Barwa Real Estate Company chairman Salah bin Ghanem al-Ali, approved the proposed distribution of a cash dividend of 20%
During his tenor, the bank was successful in acquiring market share, increasing profitability, and growing the deposit base and financing book.”
As such, we have decided to operate ADL India & ADL Middle East as one profit center, working together to create exceptional outcomes for our clients.
Andrew Woodward will be based in Dubai and report to Sonja Rottiers, Lloyd's Regional Director for Europe, Middle East and Africa (EMEA).