Sunday, June 8, 2025

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,...

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Pakistan govt begins cancelling passports of deportees

Over 7,800 Pakistanis were deported from 2019 to 2025 for different charges. Photo: Reuters Pakistan's government has initiated cancelling the...

Eid Al Adha 2025: Rains hit some parts of UAE as residents celebrate start of holiday

As residents of the UAE celebrate the beginning of the Eid holiday, they were greeted with a welcome break from the rising heat, as...

Eid Al Adha in Dubai: Salik to apply variable toll rates during holiday

Salik PJSC, Dubai’s toll operator, will implement variable road toll pricing on all four days of the Eid El Adha holiday, including Sunday (June...

Dubai to reserve 4 public beaches for families during Eid Al Adha holidays

Four Dubai public beaches will be designated exclusively for families during the Eid Al Adha holiday. The beaches include Jumeirah 2, Jumeirah 3, Umm...

Dubai RTA’s online booking system eases vehicle testing

For Syed Azeez, yearly vehicle testing was one of those chores he kept putting off, until it became urgent. His car’s registration had already...