IIFA Utsavam 2024 celebrates the rich and diverse legacy of South Indian cinema
KIPCO, the major shareholder, will underwrite up to $130 million for UGB in subordinated Tier-II capital to add to the bank’s financial strength, if required.
Last month, UGB announced a net profit of $207.2 million, or $25.31 cents per share, for the year ended on December 31, 2008, a decline of 6.2 per cent from the $220.9 million profit it earned in 2007.
“Our dividend distribution reflects our balanced growth strategy. It shows the bank’s financial health and the investment opportunities we anticipate will occur once the current financial crisis is over,” Masaud Hayat, UGB’s Managing Director, said.
· business@khaleejtimes.com
IIFA Utsavam 2024 celebrates the rich and diverse legacy of South Indian cinema
The sustainably designed ecotrail to also feature a 250m wooden boardwalk and a 1.8km guided dune-based path
The U18 squad go into the final two rounds at Tunisia’s Residences Golf Course with a seven-shot lead
The announcement of the new gift comes after a recent visit to the hospital by President Sheikh Mohamed
Delegates, including from Lebanon and the Palestinian territories, exited the room as the Israeli PM took the rostrum for his address
The awards show in Abu Dhabi celebrates all things South Indian cinema
As tickets for the original date in the Emirates sold out quickly, three additional shows were announced by the organisers