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UAE’s Majid Al Futtaim raises $1.25 billion sustainability-linked loan

Majid Al Futtaim, the Middle East region’s biggest mall operator, said Monday that it had raised a $1.25 billion revolving credit facility linked to...

FAB participates in COP27 panel to explore the future of NZBA in MENA region

First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, said Wednesday that it participated in a panel that was hosted by the...

Credit Agricole increases stake in Egyptian subsidiary

Crédit Agricole Group acquired 60 million additional shares in its Egyptian unit Crédit Agricole Egypt, taking shareholding to 52.185% stake from 47.385%. “This bears witness...

FAB Egypt announces new brand identity FABMISR

First Abu Dhabi Bank (FAB) Egypt has announced the completion of the legal merger of Bank Audi Egypt, where all the bank’s assets in...

First Abu Dhabi Bank withdraws its non-binding offer for majority stake in EFG Hermes...

After careful consideration and in the context of ongoing global market uncertainty and volatile macro-economic conditions, First Abu Dhabi Bank (FAB) has decided to...

First Abu Dhabi Bank submits a non-binding offer for a majority stake in EFG...

First Abu Dhabi Bank (FAB) announces that it has submitted a non-binding offer for a potential cash acquisition of a majority stake in Egyptian...

New payment solutions to enhance Digital Experience for Abu Dhabi Government Services were introduced...

The Department of Government Support represented by Abu Dhabi Digital Authority (ADDA), in collaboration with the First Abu Dhabi Bank (FAB) and Magnati has...

FAB reports Group Net Profit for the first nine months of 2021, up 26%...

First Abu Dhabi Bank (FAB) reported its financial results for the nine-month period ended 30 September 2021. The Group generated a net profit of AED...

First Abu Dhabi Bank joins UAE’s race for net-zero carbon emissions by 2050

In line with the UAE’s vision to promote sustainable economic growth in the region, First Abu Dhabi Bank (FAB) today announced that it is...

First Abu Dhabi Bank launches exclusive benefits for Golden Visa holders

First Abu Dhabi Bank (FAB) has partnered with the Abu Dhabi Residents Office (ADRO) to offer UAE Golden Visa holders exclusive mortgage and deposit...