first abu dhabi bank
First Abu Dhabi Bank Launches New End-of-service Benefits Funds For Private Sector
Middle East Business News - Published date: .
The initiative, now available to all private sector entities in the UAE, allows businesses to invest in their employees... Read more
FAB Posts 4% Rise In FY 2024 Net Profit; Beats Estimate
Middle East Business News - Published date: .
For Q4 2024, First Abu Dhabi Bank’s net profit was to the tune of AED 4.18 billion Read more
FAB To Introduce UAE End-of-service Benefits Fund As Gratuity Alternative
Middle East Business News - Published date: .
First Abu Dhabi Bank gets approval for UAE end-of-service funds Read more
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