Most Gulf markets close lower Published 30 Jun, 2026 05:08am DUBAI: Most Gulf markets ended lower on Monday, as reciprocal strikes by the US and Iran in recent days kept...
UAE’s biggest bank FAB seeks to raise $480mn from secondary offering Published 30 May, 2025 09:09pm DUBAI: First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, is looking to raise around $480 million from a...
First Abu Dhabi Bank gives initial guidance for $750mn debt sale Published 09 Jul, 2024 01:20pm The UAE’s First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital...
Dubai leads most Gulf markets higher Published 24 Jan, 2024 03:05pm Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate earnings,...
UAE shares edge up on steady oil, Israel and Hamas truce Published 24 Nov, 2023 05:23pm Stock markets in the United Arab Emirates rebounded from previous losses to close slightly up on Friday, supported...
Gulf markets drop on falling oil prices Published 23 Nov, 2023 03:19am DYBAI: Major stock markets in the Gulf closed lower on Wednesday amid falling oil prices, as investors remained...
First Abu Dhabi Bank to raise at least $750mn in dollar bonds Published 26 Sep, 2023 04:47pm The United Arab Emirates’ largest lender, First Abu Dhabi Bank, is set to raise at least $750 million in Tier-2...
Most Gulf markets gain on oil, corporate earnings Published 25 Jul, 2023 01:50pm Most major stock markets in the Gulf rose in early trade on Tuesday in response to higher oil prices and strong...
Abu Dhabi stocks close lower as lender FAB drags Published 06 Jan, 2023 06:25pm Abu Dhabi’s benchmark stock index closed lower on Friday, dragged down by First Abu Dhabi Bank after the United Arab...
First Abu Dhabi Bank says it had considered offer for StanChart Published 06 Jan, 2023 05:58am DUBAI/LONDON: First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Thursday it had...
Major Gulf markets track Asian shares, oil prices lower Published 28 Nov, 2022 02:02pm Major stock markets in the Gulf fell on Monday, with the Qatari index leading the drop, as investors tracked...
Dubai bourse falls to extend weekly losses, Abu Dhabi dips Published 25 Nov, 2022 07:41pm Stock markets in the United Arab Emirates ended lower on Friday, with the Dubai index posting its second weekly loss...
Dubai Islamic Bank sells $750mn in debut sustainable sukuk Published 22 Nov, 2022 06:43pm DUBAI: Dubai Islamic Bank sold $750 million of its debut sustainable Islamic bond on Tuesday, a bank document...
Most major Gulf bourses slip on falling oil, weak earnings Published 26 Oct, 2022 02:35pm Most major stock markets in the Gulf fell in early trade on Wednesday amid lower oil prices and disappointing...
UAE’s top bank FAB third-quarter profit down 24% Published 26 Oct, 2022 11:17am DUBAI: First Abu Dhabi Bank (FAB) , the United Arab Emirates’ biggest lender, said on Wednesday its third quarter...
Abu Dhabi index down Published 15 Apr, 2022 05:29am DUBAI: Major Gulf bourses fell on Thursday and Abu Dhabi’s share index slipped more than 1%, after First Abu Dhabi...
First Abu Dhabi Bank takes orders for $500 million sukuk Published 23 Feb, 2022 12:33pm DUBAI: First Abu Dhabi Bank, the United Arab Emirates' largest lender, is expected to sell $500 million in Islamic...
First Abu Dhabi bank in talks to buy EFG Hermes Published 09 Feb, 2022 01:25pm DUBAI: First Abu Dhabi Bank, the UAE's biggest lender, is in talks to buy Egyptian bank EFG Hermes, which has a...
Major Gulf bourses end mixed in trade; Dubai index ends up 0.8pc Published 09 Feb, 2022 05:46am DUBAI: Stock markets in the Middle East ended mixed on Tuesday, with a retreat in oil prices weighing on ...
Dubai Islamic Bank gives initial price guidance for dollar sukuk Published 08 Feb, 2022 11:17am DUBAI: Dubai Islamic Bank, the United Arab Emirates' largest Islamic lender, gave initial price guidance of around...
UAE largest bank makes record profit in 2021 Published 31 Jan, 2022 07:10am ABU DHABI: The UAE’s largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of...
Abu Dhabi leads most Gulf markets higher Published 20 Jan, 2022 04:21am DUBAI: Most stock markets in the Gulf ended higher on Wednesday, supported by strong oil prices, with the Abu Dhabi...
Abu Dhabi bourse shrugs off attack, Saudi at 15-year high Published 19 Jan, 2022 06:15am DUBAI: Abu Dhabi’s stock market rebounded on Tuesday, a day after the emirate witnessed a deadly attack, while the...
Most Gulf bourses at record high; Abu Dhabi outperforms Published 09 Nov, 2021 04:48am DUBAI: Most stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index hitting an all-time high,...
UAE to start marketing first federal dollar bond this week Published 04 Oct, 2021 05:56am DUBAI: The United Arab Emirates government is expected to begin marketing its first bond as a federation as soon as...
Major Gulf bourses mixed in early trade Published 03 Oct, 2021 02:14pm Major stock markets in the Gulf traded mixed early on Sunday, with the Saudi index on course to end five sessions of...
Abu Dhabi leads major Gulf bourses higher; Egypt falls Published 17 Sep, 2021 03:52am DUBAI: Major stock markets in the Gulf reversed early losses to close higher on Thursday, with the Abu Dhabi index...
Abu Dhabi expected to raise $3bn via bonds Published 09 Sep, 2021 03:56am DUBAI: Abu Dhabi is expected to raise $3 billion in a bond sale on Wednesday, its second of the year for which it...
Dubai developer Limitless set to agree third debt restructuring deal Published 30 Aug, 2021 06:33am DUBAI: Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760...
Most Gulf bourses gain, Saudi Aramco's Q2 profit soars Published 08 Aug, 2021 01:50pm Dubai's main share index dropped 0.3%, hit by a 0.4% fall in Emirates NBD Bank and a 0.2% decrease in Sharia-compliant lender Dubai Islamic Bank