Company Insights First Abu Dhabi Bank Banking and Finance First Abu Dhabi Bank News Banking and Finance Adnoc to raise $1.5bn with Islamic bonds Abu Dhabi state oil giant Adnoc will raise $1.5 billion from a debut sale of Islamic bonds, or sukuk, according to a document seen by Reuters on Monday. Abu Dhabi National Oil Company, acting through its primary debt capital markets entity Adnoc Murban, is selling the sukuk at 60 basis points over US Treasuries, the […] April 29, 2025 Banking and Finance HSBC dominates as Mena investment banking fees soar Investment banking fee revenue in the Middle East and North Africa soared during the first quarter thanks to record debt arrangements, increased mergers and acquisitions and more initial public offerings. The industry’s regional earnings underline the growing importance of the Mena region to international banks, although the revenue from fees remains a fraction of those […] April 9, 2025 Finance UAE banks back Turkey Wealth Fund’s $1.2bn loan State-backed Turkey Wealth Fund has secured its first loan without a treasury guarantee, backed by UAE-listed banks, a local newspaper reported. The sovereign fund raised €1.1 billion ($1.2 billion) two-year syndicated loan from 20 banks from 12 countries, Daily Sabah reported. The interest rate was set at Euro interbank offered rate, plus 2 percent annually for […] March 26, 2025 Telecoms Abu Dhabi’s Mubadala considers selling stake in du Abu Dhabi sovereign fund Mubadala may sell its stake in du, the UAE’s second-largest telecom operator by subscribers, which if added to the free float would boost the stock’s chances of being included in emerging market indexes. Admittance to the MSCI and FTSE emerging market benchmarks means that exchange-traded funds which track these measures must […] March 20, 2025 Opinion Oil & Gas Trump sees the ‘Big Three’ as the coming force in global oil markets Could Saudi Arabia, the US and Russia be pursuing shared interests in oil and geopolitical matters? March 17, 2025 Opinion Energy CERAWeek 2025: triumphalism, agnosticism, and a touch of fear It started with Elvis and finished with Fink – there was plenty to chew over in Houston March 14, 2025 Banking and Finance First Abu Dhabi Bank to pay highest-ever dividend First Abu Dhabi Bank (FAB), the biggest lender by assets in the UAE, has announced the highest-ever cash dividend on higher annual revenues in 2024, the company said in a statement. The lender will pay AED8.3 billion ($2.3 billion) in cash dividends for 2024, at 75 fils per share, equivalent to 51 percent of group net […] March 12, 2025 Video length: 02:23 Opinion Oil & Gas Triumphalism is king on day 1 of CERAWeek in Houston The 'oilman's Davos' kicks off with a nod to Elvis March 11, 2025 Opinion Oil & Gas Yeehaaw! I’m going back to Houston for the ‘Oil Man’s Davos’ Are Donald Trump and the oil industry on the same page? Stay tuned March 7, 2025 Banking and Finance First Abu Dhabi Bank plans major restructuring First Abu Dhabi Bank (FAB) is planning to split its operations into four new divisions in a bid to strengthen its business in the Gulf and boost shareholder returns, two sources familiar with the matter said. As part of the reorganisation, FAB is to hire Citi dealmaking veteran Linos Lekkas as its new head of […] March 6, 2025 Posts navigation Previous 1 2 3 … 22 Next
Banking and Finance Adnoc to raise $1.5bn with Islamic bonds Abu Dhabi state oil giant Adnoc will raise $1.5 billion from a debut sale of Islamic bonds, or sukuk, according to a document seen by Reuters on Monday. Abu Dhabi National Oil Company, acting through its primary debt capital markets entity Adnoc Murban, is selling the sukuk at 60 basis points over US Treasuries, the […] April 29, 2025
Banking and Finance HSBC dominates as Mena investment banking fees soar Investment banking fee revenue in the Middle East and North Africa soared during the first quarter thanks to record debt arrangements, increased mergers and acquisitions and more initial public offerings. The industry’s regional earnings underline the growing importance of the Mena region to international banks, although the revenue from fees remains a fraction of those […] April 9, 2025
Finance UAE banks back Turkey Wealth Fund’s $1.2bn loan State-backed Turkey Wealth Fund has secured its first loan without a treasury guarantee, backed by UAE-listed banks, a local newspaper reported. The sovereign fund raised €1.1 billion ($1.2 billion) two-year syndicated loan from 20 banks from 12 countries, Daily Sabah reported. The interest rate was set at Euro interbank offered rate, plus 2 percent annually for […] March 26, 2025
Telecoms Abu Dhabi’s Mubadala considers selling stake in du Abu Dhabi sovereign fund Mubadala may sell its stake in du, the UAE’s second-largest telecom operator by subscribers, which if added to the free float would boost the stock’s chances of being included in emerging market indexes. Admittance to the MSCI and FTSE emerging market benchmarks means that exchange-traded funds which track these measures must […] March 20, 2025
Opinion Oil & Gas Trump sees the ‘Big Three’ as the coming force in global oil markets Could Saudi Arabia, the US and Russia be pursuing shared interests in oil and geopolitical matters? March 17, 2025
Opinion Energy CERAWeek 2025: triumphalism, agnosticism, and a touch of fear It started with Elvis and finished with Fink – there was plenty to chew over in Houston March 14, 2025
Banking and Finance First Abu Dhabi Bank to pay highest-ever dividend First Abu Dhabi Bank (FAB), the biggest lender by assets in the UAE, has announced the highest-ever cash dividend on higher annual revenues in 2024, the company said in a statement. The lender will pay AED8.3 billion ($2.3 billion) in cash dividends for 2024, at 75 fils per share, equivalent to 51 percent of group net […] March 12, 2025
Video length: 02:23 Opinion Oil & Gas Triumphalism is king on day 1 of CERAWeek in Houston The 'oilman's Davos' kicks off with a nod to Elvis March 11, 2025
Opinion Oil & Gas Yeehaaw! I’m going back to Houston for the ‘Oil Man’s Davos’ Are Donald Trump and the oil industry on the same page? Stay tuned March 7, 2025
Banking and Finance First Abu Dhabi Bank plans major restructuring First Abu Dhabi Bank (FAB) is planning to split its operations into four new divisions in a bid to strengthen its business in the Gulf and boost shareholder returns, two sources familiar with the matter said. As part of the reorganisation, FAB is to hire Citi dealmaking veteran Linos Lekkas as its new head of […] March 6, 2025
