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First Abu Dhabi Bank

Emirates NBD hires banks for AT1 dollar bonds

Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan, HSBC, NCB Capital and Standard Chartered will arrange fixed-income investor calls starting on Tuesday.

Published 18 May, 2021 12:33pm

Markets

Top lender FAB boosts Abu Dhabi; Dubai retreats

• Saudi Arabia, other markets closed for Eid holidays DUBAI: The Abu Dhabi stock market ended higher on Sunday,...

Published 17 May, 2021 06:14am

Markets

Abu Dhabi outperforms as most Gulf markets gain

DUBAI: The Abu Dhabi stock market ended higher on Sunday, outperforming other Gulf markets, while the Dubai index ...

Published 10 May, 2021 04:54am

Markets

Saudi index up as Aramco profit climbs

• Egypt's Madinet Nasr drops on ex-dividend DUBAI: Saudi Arabian stocks edged higher on Tuesday, after...

Published 05 May, 2021 04:01am

Business & Finance

ADNOC, Dutch-listed OCI set to pick Citi, FAB, HSBC for JV IPO

The line up of banks is still not finalised and ADNOC may add more advisors to the deal, said two of the sources, who declined to be named as the matter is not public.
ADNOC, HSBC, OCI and Citigroup declined to comment. First Abu Dhabi did not immediately respond to a request for comment.

Published 26 Apr, 2021 06:24pm

Markets

Dubai Islamic Bank gives price guidance for AT1 sukuk

The Islamic bonds will be non-callable for six years.

Published 13 Apr, 2021 01:11pm

Markets

Abu Dhabi outperforms Gulf markets

DUBAI: The Abu Dhabi stock market ended higher on Tuesday, reaching its highest level since 2005, while the Saudi...

Published 31 Mar, 2021 05:42am

Markets

Dubai leads most of Gulf higher; Saudi index dips

DUBAI: Stock markets in the United Arab Emirates ended higher on Monday, extending gains from the previous session...

Published 16 Mar, 2021 04:43am

Markets

Dubai stocks outperform on plans to increase tourism capacity

DUBAI: Major stock markets in the Gulf ended higher on Sunday, with Dubai leading the gains following its plans to...

Published 15 Mar, 2021 05:22am

Markets

Oil buoys Saudi shares; top lender trips Abu Dhabi

DUBAI: The Saudi Arabian stock market ended higher on Tuesday, amid rising oil prices as the focus returned to a...

Updated 10 Mar, 2021 09:49am

Markets

Asian markets struggle as inflation worries offset recovery hopes

Bitcoin eased to $57,150, having hit another record high of $58,350 over the weekend, and having passed $1 trillion in market capitalisation.

Published 22 Feb, 2021 09:48am

Markets

Most major Gulf markets ease in early trade; Saudi gains

Among others, Mashreq Bank retreated 5%. Last week, the lender posted a full-year loss.

Published 14 Feb, 2021 01:49pm

Business & Finance

Top UAE bank FAB starts selling debut bonds in euros

It tightened by 20 bps from initial price guidance after receiving more than 1.45 billion euros.
Barclays, First Abu Dhabi Bank, JPMorgan , Societe Generale and Standard Chartered are arranging the debt sale, expected to launch later on Tuesday.

Published 09 Feb, 2021 05:42pm

Markets

UAE's top bank to debut in euro market amid Gulf bonds deluge

Borrowers in the oil-dependent region have been tapping global debt markets at cheap rates this year as abundant global liquidity pushes investors to hunt for higher-yielding assets.
Regional borrowers are also helped by an upbeat market view of economic recovery from the pandemic, bankers say.

Published 08 Feb, 2021 08:22pm

Markets

UAE's largest bank FAB to tap euro bond market with debut deal

FAB hired Barclays, First Abu Dhabi Bank, JPMorgan, Societe Generale and Standard Chartered, the document from one of the banks showed.

Published 08 Feb, 2021 06:01pm

Markets

Asian markets track Wall St records on stimulus optimism

Observers said the slowing rate of new cases was mostly because of containment measures but that the outlook continued to improve as governments press ahead with their inoculation programmes.

Published 08 Feb, 2021 09:48am

Markets

Saudi shares lead broader Gulf losses, Egypt weakens

DUBAI: The markets in the United Arab Emirates (UAE) fell on Wednesday after solid gains in the previous two days,...

Published 04 Feb, 2021 04:13am

Markets

Most Gulf markets fall in early trade; Qatar rises

The Abu Dhabi index edged down 0.2%, hit by a 0.5% fall in the United Arab Emirates' largest lender First Abu Dhabi Bank.

Published 03 Feb, 2021 02:15pm

Markets

Top Gulf markets up; Saudi index falls

DUBAI: Most major Gulf markets finished higher on Tuesday, tracking broader Asian shares, as increased optimism ...

Published 03 Feb, 2021 04:35am

Markets

First Abu Dhabi Bank launches 400 million sterling bonds: document

Barclays, First Abu Dhabi Bank (FAB), HSBC and TD Securities arranged the deal, another document also from one of the banks arranging the deal showed.
FAB had given initial price guidance of around 115 basis points over UK gilts due in September 2025 and received around 850 million pounds in orders for the debt sale.

Published 02 Feb, 2021 07:17pm

Markets

UAE markets extend gains; Saudi falls

Abu Dhabi, Dubai advance about 1% each.
Dubai set to begin AstraZeneca vaccination.
Saudi Arabia drops for 3rd straight day.

Published 02 Feb, 2021 06:28pm

Markets

UAE markets lead gains, Saudi Arabia declines

DUBAI: The markets in the United Arab Emirates (UAE) finished higher on Monday, helped by financial and real estate...

Published 02 Feb, 2021 04:29am

Markets

UAE markets strengthen, Saudi index edges down

DUBAI: Markets in the United Arab Emirates (UAE) finished higher on Wednesday, with Abu Dhabi index leading the...

Published 28 Jan, 2021 04:40am

Business & Finance

UAE’s biggest bank FAB posts 16pc drop in 2020 profit

DUBAI: First Abu Dhabi Bank, UAE’s biggest lender, on Tuesday posted a 16% drop in 2020 net profit on higher...

Published 28 Jan, 2021 04:40am

Markets

Dubai top lender Emirates NBD full-year profit slumps 52%

The UAE's biggest lender, First Abu Dhabi Bank, on Tuesday posted a 16% drop in 2020 net profit on higher impairment charges.

Published 27 Jan, 2021 02:57pm

Markets

Abu Dhabi market leads broader gains

DUBAI: Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more...

Published 19 Jan, 2021 04:22am

Markets

Gulf stocks rise on higher oil prices as OPEC+ expected to cap output

The Qatari index was up 0.1% as Industries Qatar advanced 1.2%, while the Gulf's largest lender Qatar National Bank gained 0.7%.

Published 04 Jan, 2021 01:26pm

Markets

Major Gulf markets little changed; Dubai ends winning streak

UAE's non-oil gross domestic product (GDP) is expected to grow by 3.6% in 2021, state news agency WAM reported on Saturday citing central bank estimates, suggesting the economy will rebound from an expected contraction in 2020.

Published 13 Dec, 2020 08:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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