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‘Wio,’ a next-generation banking platform to launch in Abu Dhabi

ADQ, an Abu Dhabi-based investment and holding company, announced that the Central Bank of the UAE had granted in-principle approval to launch a new...

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

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...

FAB reports full year 2021 Group Net Profit of AED 12.5 Billion, up 19% year-on-year

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, reported its financial results for the full...

Emirates Development Bank, First Abu Dhabi Bank to provide AED 165 million revolving credit facility to Lamprell, secured by Etihad Credit Insurance

Emirates Development Bank (“EDB“) announced the closure of a AED 165 million revolving credit facility, co-arranged with First Abu Dhabi Bank (“FAB”) to Lamprell...

Magnati milestone: du in partnership with Magnati achieves one of the region’s highest digital payment acceptance rates for online transactions

Magnati, a fully-owned subsidiary of First Abu Dhabi Bank (FAB), has supported du, from Emirates Integrated Telecommunications Company (EITC), in achieving one of the...

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

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...

First Abu Dhabi Bank and Aldar Education launch digital fee payments through payit

Payit digital wallet, powered by First Abu Dhabi Bank (FAB) has partnered with Aldar Education the leading Emirati private education provider, to launch a...

DNIR partners with Magnati and FAB’s payit to enhance customers’ insurance experience

Dubai National Insurance & Reinsurance (DNIR), a publicly listed insurance company in the Dubai Financial Market (DFM) with multi-line insurance products for corporates and...

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