Browsing: First Abu Dhabi Bank

The UAE’s Ministry of Industry and Advanced Technology (MoIAT) has signed agreements with major national banks – First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, and WIO Bank

First Abu Dhabi Bank (FAB), the largest bank in the UAE by market capitalisation, announced a net profit of AED 5.13 billion (USD 1.39 billion) for the first quarter of 2025 on Tuesday, marking a 23% year-on-year increase.

As the UAE cements its position as a global business hub, a select group of companies is leading the charge-powering GDP growth, attracting international investment, and shaping the economic future of the Middle East.

First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, is undergoing a major…

The Abu Dhabi Exports Office (ADEX) and a consortium of UAE banks, led by First…

First Abu Dhabi Bank (FAB), the UAE’s largest lender, reported a 4% year-on-year (YoY) rise in net profit for 2024, reaching AED 17.1B (USD 4.6B).

The combined market capitalisation of the 20 largest companies listed on the UAE’s stock exchanges reached AED 2.8T this week. This figure is expected to rise further as part of plans to double the market’s overall value to AED 6T in the coming years.

Abu Dhabi, UAE: The Initial Public Offering (IPO) of NMDC Energy – P.J.S.C., a wholly-owned…

UAE’s Etihad Rail is set to fund eco-friendly investments in transport and infrastructure through a new sustainable finance framework unveiled on Wednesday. The framework aims to align future financing with the company’s environmental, social, and governance (ESG) strategy.

Abu Dhabi bank’s international operations contribute significantly to the impressive financial performance Dubai: In a…