Friday 20 July 2018
 
»
Tag
 
»
fab

19 listed UAE banks post $2.9bn in Q1 profit

Nineteen UAE banks posted Dh10.7 billion ($2.9 billion) in net profit during Q1 2018, up 12.3 per cent from Dh9.52 billion during the same period in 2017, according to official figures released recently. Banking analysts attribute

More…

FAB reports record Q1 profit of $816m

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has reported a record net profit of Dh3 billion ($816 million) for the first quarter of 2018, up two per cent year-on-year and six per cent quarter-on-quarter. Operating in

More…

Aldar, FAB sign escrow deal for new development

Aldar Properties of Abu Dhabi has signed an escrow agreement with First Abu Dhabi Bank (FAB), enabling the leading property developer to provide escrow services for buyers of its newly-launched masterplanned development, Alghadeer.

More…

FAB refutes allegations over Qatari rial

First Abu Dhabi Bank (FAB) has refuted allegations that it had conducted any transaction with the intent to manipulate the Qatari riyal.   In a statement, FAB said: “Following recent media speculation, we a

More…

FAB launches full-feature digital wallet

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched ‘payit’, the country’s first fully-featured digital wallet. The safe a

More…

FAB revises world growth forecast to 4pc for 2018

First Abu Dhabi Bank (FAB), the UAE’s largest bank, is expecting world growth forecasts to be revised upwards, to 4.0 per cent for 2018, led initially by the developed nations, the bank said in its Global Investment Outlook 2018.

More…

FAB gets licence to set up Saudi subsidiary

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has secured a licence from the Capital Market Authority (CMA) to establish an investment banking subsidiary in Saudi Arabia, “FAB Investment KSA”. The subsidiar

More…

FAB named UAE Asset Manager of the Year

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has been named UAE Asset Manager of the Year by the Global Investor Group. FAB representatives receiv

More…

ADGM-regulated $2bn feeder fund for India launched

Next Orbit Ventures (NOVF) ESDM, the newly launched Abu Dhabi-based fund established under the Abu Dhabi Global Markets (ADGM) jurisdiction, has announced the launch of a $2 billion fund for building semiconductors and electronics fab ecosyste

More…

First Abu Dhabi Bank posts $2.2bn 9-month profit

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has reported a net profit of Dh8.09 billion ($2.20 billion) for the nine-month period ended September 2017, down 4

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads