United Arab Bank P.J.S.C. announced unaudited earnings results for the first quarter ended March 31, 2020. For the first quarter, the company’s interest income was AED 180,286,000 against AED 231,292,000 a year ago. Total interest income and income from Islamic financing products was AED 192,846,000 against AED 240,863,000 a year ago. Total operating income was AED 125,614,000 against AED 152,048,000 a year ago. Net loss for the period was AED 119,943,000 against net profit of AED 21,580,000 a year ago. Basic loss per share was AED 0.06 against earnings per share of AED 0.01 a year ago.