Banks FAB launches 1st global Sukuk in ‘24 Aya El Sayed Jan 11, 2024 0 First Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate of U.S. Treasury +85…
International News ADIB issues first USD-denominated Green Sukuk Aya El Sayed Dec 12, 2023 0 Abu Dhabi Islamic Bank (ADIB) issued the world’s first USD green Sukuk on Abu Dhabi Securities Exchange ADX on…
EGX Egypt’s Memphis Pharmaceuticals takes $4.383mln loan from FAB Aya Anwar Nov 26, 2023 0 The Egyptian company Memphis for Pharmaceutical and Chemical Industries confirms taking a loan from First Abu Dhabi…
Tech/AI UAE’s ADNOC, TAQA secure financial closing for $2.2bln water project Nada Ali Sep 25, 2023 0 Abu Dhabi National Oil Company (ADNOC) said on Monday that it has secured the financial closing of $2.2 billion…
Money First Abu Dhabi Bank Egypt posts 317% H1 net profit increase Yomna Yasser Aug 31, 2023 0 First Abu Dhabi Bank – Egypt (FABMISR) reported on Thursday a 317 percent year-on-year increase in net profit in…
Money First Abu Dhabi Bank Egypt Q1 net profit jumps 572% Mostafa Mahmoud Jun 22, 2023 0 First Abu Dhabi Bank – Egypt (FAB Egypt) reported on Thursday a 572 percent growth in net profit for the first…
Banks FAB issues $600 mln worth of 5-year green bond Yassmine Elbehnaihy Jun 5, 2023 0 First Abu Dhabi Bank (FAB)’s five-year green bond has garnered $600 million at U.S. Treasury +95 basis points, with…