First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest financial institutions, has become the first bank in the Middle East and North Africa (MENA) region to sign the UN Sustainable Blue Economy Finance Principles, and establish a AED100 billion ($27.23) blue finance target to support water and blue economy-related financing between 2026 and 2035.
The ocean economy is valued at $2.6 trillion, making it the world’s fifth-largest economy if considered a country, said a new report, adding that the sector had doubled in real terms over the past 25 years, with gross value added rising from $1.3 trillion in 1995 to $2.6 trillion in 2020.
DDSC, the UAE dirham-backed stablecoin developed through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, has received the go-ahead from the Central Bank of UAE to go live on key Virtual Assets Regulatory Authority (VARA)-regulated exchange platforms.
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026.
First Abu Dhabi Bank (FAB), the UAE’s global bank, has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks following the latest affirmations by Moody’s, S&P Global Ratings and Fitch Ratings, the bank said.
First Abu Dhabi Bank (FAB) has sealed a strategic partnership with Water.org, a global non-profit organisation dedicated to expanding access to water and sanitation, and its affiliated impact investment manager, WaterEquity in bid to advance water and sanitation access through market-based financial solutions.
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, facilitated AED381 billion ($103.74 billion) in sustainable and transition finance between 2022 and 2025, said a report.
First Abu Dhabi Bank (FAB) shareholders approved the distribution of AED8.84 billion ($2.41 billion in cash dividends for the financial year ended 31 December 2025, at the bank's Annual General Meeting (AGM) held on Wednesday virtually.
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today announced a record group net profit of AED16.02 billion ($4.36 billion) for the nine-month period ended 30 September 2025, representing a 24% year-on-year (yoy) increase.
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today announced a record group net profit of AED21.11 billion ($5.75 billion), up 24% year-on-year (yoy).
