Tag: Abu Dhabi
Abu Dhabi’s FAB Rises as It Seeks to Lure More Foreign Investors
First Abu Dhabi Bank jumped on optimism. The lender will follow regional peers and raise the foreign-ownership limit on its stock.
The shares climbed as...
Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal
Abu Dhabi National Hotels (ADNH) and First Abu Dhabi Bank (FAB) have signed an AED1.6 billion loan facility agreement. The agreement will provide ADNH with...
Abu Dhabi Said in Talks to Form 2 Banks in Three-Way Merger
Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of the matter.
Under plans being...
