First Abu Dhabi Bank News
Economies.com provides the latest news about First Abu Dhabi Bank (FAB) listed in the financial stock market. You may also find charts for the company's shares either in a basic or advanced form with detailed technical indicators to enable you to keep an eye on the equity’s movement.
FAB to begin distribution of AED8 billion dividends March 17
2019-03-12 03:04AM UTC
First Abu Dhabi Bank (FAB) will begin the distribution of cash dividends at above AED 8 billion on March 17, to shareholders of record till March 3 and purchasers of the bank’s stock on March ...
Mubadala’s Sanad closes new financing deal with FAB
2019-02-26 02:30AM UTC
Sanad Aero Solutions (Sanad), a wholly-owned subsidiary of Mubadala Investment Company, announced the closing of a new financing facility with First Abu Dhabi Bank (FAB).
FAB has led several ...
FAB shareholders OK 75 fils/share dividend, raise foreign ownership cap
2019-02-26 02:56AM UTC
Shareholders of First Abu Dhabi Bank (FAB) approved on Monday the distribution of cash dividends at 74% of capital, or AED 8.06 billion (74 fils per share) for the fiscal year ended on December 31, ...
FAB plans to raise $750 million in Sukuk issue
2019-01-16 02:19AM UTC
First Abu Dhabi Bank (FAB) is expected to raise $750 million in Sukuk issue, according to a document issued by one of the banks leading the deal.
The five-year sukuk offer buyers 130 basis ...
First Abu Dhabi Bank to kick off commercial banking in KSA by year-end
2018-10-23 02:59AM UTC
First Abu Dhabi Bank (FAB) said on Monday it will launch commercial banking operations in Saudi Arabia by the end of this year.
CEO Abdul-Hamid Said stated that the bank completed the first ...
First Abu Dhabi Bank Q3 profit strengthens 16%
2018-10-22 14:00PM UTC
First Abu Dhabi Bank (FAB) on Monday posted financial results for the third quarter of 2018, showing that net profit rose by 15.6% to AED 3.021 billion, from AED 2.60 billion reported in the same ...
First Abu Dhabi Bank board to review Q3 financials 22 October
2018-10-17 07:21AM UTC
The board of directors of First Abu Dhabi Bank will convene a meeting on Monday, 22 October, to discuss the financial statements for the third quarter of 2018.
The lender posted a 19% rise ...