first abu dhabi bank


Abu Dhabi Completes $5bn Bond Issue To Support Non-oil Expansion

Middle East Business News - Published date: .

Abu Dhabi Department of Finance chief hails success of issuance in midst of coronavirus crisis Read more

UAE's Largest Lender Set To Start Talks On Israeli Banking Tie-ups

Middle East Business News - Published date: .

First Abu Dhabi Bank says to talk with Bank Hapoalim and Bank Leumi to forge cooperation in the financial sector Read more

First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions

Middle East Business News - Published date: .

Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more

Abu Dhabi Banks Announce 17 Incentives To Help Amid Coronavirus Outbreak

Middle East Business News - Published date: .

The move is designed to provide for the immediate needs of people and SMEs impacted by the coronavirus Read more

First Abu Dhabi Turns To Sterling In Return To Bond Market

Middle East Business News - Published date: .

First Abu Dhabi's new sterling bond will be the biggest syndicated deal in the currency out of the Middle East since 201... Read more

Abu Dhabi Bank Said To Seek $136m Savings By Cutting Jobs

Middle East Business News - Published date: .

Sources say Abu Dhabi Islamic Bank also plans to shut some local and international branches Read more

UAE's Largest Bank Said To Cut Hundreds Of Jobs

Middle East Business News - Published date: .

Sources say First Abu Dhabi Bank is the latest UAE-based lender to shed staff as sluggish growth weighs on the finance i... Read more

UAE's Biggest Bank FAB Expands Saudi Operations

Middle East Business News - Published date: .

First Abu Dhabi Bank announces opening of a branch in Al Khobar, with Jeddah to follow shortly Read more

UAE's Biggest Bank Posts 4% Profit Rise To $2.5bn

Middle East Business News - Published date: .

First Abu Dhabi Bank CEO says on track for a record performance in 2019 Read more

Global Sukuk Issuance Falls Slightly To $30.6bn

Middle East Business News - Published date: .

Fitch says GCC issuers have continued to access the sukuk market to diversify their funding mix and develop the Islamic ... Read more

Revealed: How Healthy Is The UAE's Banking Sector?

Middle East Business News - Published date: .

New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1 Read more

UAE Banking Giant Quits Qatar Amid Regulatory Dispute

Middle East Business News - Published date: .

First Abu Dhabi Bank has notified the Qatar Financial Centre Regulatory Authority that it will relinquish its Qatar Fina... Read more

Look Who's Talking: The Gulf's $1trn Bank Merger Bonanza

Middle East Business News - Published date: .

More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks Read more

UAE's Largest Bank Launches Saudi Ops With Riyadh Branch

Middle East Business News - Published date: .

First Abu Dhabi Bank has officially inaugurated its Saudi Arabia operations by opening its first branch in Riyadh Read more

UAE's Largest Bank FAB Posts Record Net Profit In Q1

Middle East Business News - Published date: .

First Abu Dhabi Bank CEO says optimistic for remainder of 2019 after reporting record first quarter net profits Read more

First Abu Dhabi Bank's Foreign-ownership Change Lifts Abu Dhabi Stocks

Middle East Business News - Published date: .

First Abu Dhabi Bank's raised cap for foreigners could trigger passive inflows of about $730 million from investors Read more

FAB 'strongly Denies' It's Considering A Merger With ADIB

Middle East Business News - Published date: .

A First Abu Dhabi Bank spokesperson said the bank is "fully focused on unlocking its full potential and maximising share... Read more

Abu Dhabi Said To Mull Merger To Create Biggest MidEast Bank

Middle East Business News - Published date: .

Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank Read more

UAE Bank To Hold Investor Roadshow Ahead Of Issuing Bond

Middle East Business News - Published date: .

National Bank of Ras Al Khaimah to hold investor meetings in Hong Kong, Singapore and London Read more

Shareholders Of UAE's Largest Bank Approve Record $2.2bn Dividends

Middle East Business News - Published date: .

First Abu Dhabi Bank's general assembly meeting also approves plan to increase foreign ownership limit to 40% Read more