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Sites contained approximately 150 launcher barrels that were ready to fire projectiles toward Israeli territory, it said in a statement
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UNB declared 15% dividend for 2011
ABU DHABI - The shareholders of Union National Bank have approved 15 per cent dividend for the year financial ended December 31, 2011.
Speaking at the annual general meeting on Tuesday evening, Shaikh Nahyan Mubarak Al Nahyan Minister of Higher Education and Scientific Research, who is also the chairman of the UNB, said, “Globally 2011 continued to be an extremely challenging year with the consumer and business confidence being restrained by the prolongation of the incessant financial and credit crisis.”
Against this backdrop of ongoing turmoil in the economic landscape, he said the UNB Group set a new record with the consolidated profit touching the Dh1.5 billion mark for the first time. As was the case in the previous year, the group reported a double digit increase in profit, he said.
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