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Banking & Finance

FAB End of Service Benefits Funds granted initial approval from MOHRE & SCA

MEA Finance - 0
First Abu Dhabi Bank (FAB) has received initial approval to make FAB End of Service Benefits Funds available to UAE-based companies, giving employees the...
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Banking & Finance

FAB Asset Management launches $200 million fixed maturity fund

MEA Finance - 0
The portfolio includes the second series of FAB’s conventional fixed maturity portfolio, following a successful first series roll-out in 2023
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Banking & Finance

FAB reports Group revenue of AED 23.9 billion and net profit of AED 12.9 billion for 3rd quarter of 2024

MEA Finance - 0
First Abu Dhabi Bank (FAB) delivered robust results in the first nine months of 2024 as increased client activity across the Group’s franchise lifted...
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Banking & Finance

Etihad Credit Insurance signs financing deal with FAB, Natixis

MEA Finance - 0
Trafigura will receive a $150 million revolving credit facility for two years to finance its acquisitions of non-hydrocarbon commodities
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Banking & Finance

FABMISR posts 139% surge in first-half net profit

MEA Finance - 0
Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023
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Banking & Finance

First Abu Dhabi Bank and Visa partner to expand Cross-Border Payments through Visa B2B Connect

MEA Finance - 0
Visa announced a significant partnership with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, to expand the Visa B2B...
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Banking & Finance

First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

MEA Finance - 0
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
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Banking & Finance

FAB and Microsoft announce landmark strategic partnership to shape the future of financial services globally

MEA Finance - 0
First Abu Dhabi Bank (FAB) and Microsoft will collaborate in developing new AI-based banking capabilities under a strategic business partnership signed today, with the...
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Banking & Finance

Mastercard and First Abu Dhabi Bank signs exclusive long-term global partnership to redefine the region’s payments landscape

MEA Finance - 0
Mastercard and First Abu Dhabi Bank (FAB) announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East,...
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Banking & Finance

FAB unveils new trade platform for asset managers MENASSA

MEA Finance - 0
The new platform is designed to navigate global regulatory complexities that impact investment flows
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