Friday, November 8, 2024

First Abu Dhabi Bank

First Abu Dhabi Bank sets price for $750 million securities

First Abu Dhabi Bank has appointed Deutsche Bank, Emirates NBD Capital, First Abu Dhabi Bank, JP Morgan and Standard Chartered as Joint Lead Managers and Bookrunners for the issuance. LocateFirst Abu Dhabi BankThe indicative price for the sale of the...

UAE’s biggest bank FAB’s Q1 net profit up 6%; beats estimate

The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q1 2024 net profit of 4.2 billion dirhams ($1.14 billion), 6% higher year-on-year (YoY) on strong revenue growth. The net profit topped analysts’ mean estimate of AED 3.59 billion,...

Latest News

RTA announces extended Dubai Metro timings on November 10

The Dubai Metro Red Line and Green Line will operate from 3.00am to 12am on Sunday, November 10, 2024,...

Nissan fears stumbling as it lays off 9,000 employees

Japanese automakers like Nissan face Chinese competition with layoffs Report noted For Bloomberg Fears of a default by Japanese company Nissan, with news of its...

Central Bank of Oman cuts interest rate

The Central Bank of Oman confirmed that this decision comes within the framework of its monetary policy aimed at achieving and maintaining exchange rate...

Today Gold Rate in Saudi Arabia – 8th Nov 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,884.05 while 24k Per 10 Gram gold price is SAR 3,330.00. Usually...

Today Gold Rate in Qatar – 8th Nov 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,802.40 while 24k Per 10 Gram gold price is QAR 3,260.00. Usually people opt...