11/09/2017 08:26 AST

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Most Innovative Investment Bank’ for the Mena region, at The Banker’s prestigious 2017 Investment Banking Awards.

FAB representatives received the award at a ceremony which was recently held in London, taking home the magazine’s only Investment Banking Award for the entire Mena region.

The Banker’s Investment Banking Awards recognise and reward the industry players which have delivered the most innovative and transformative solutions for their clients and the broader market place over the past 12 months, through pioneering deals, products and advice that has helped to pave the way for stronger, safer and more inclusive investment banking.

André Sayegh, FAB Deputy Group CEO and Acting Group Head of Corporate and Investment Banking, said: “We are proud to be receiving this award for the second year in a row - a title which serves as a testament to the innovation and creativity of our Corporate and Investment Banking franchise, and as a recognition of our market-leading position in the Mena region.”

Sayegh continued: “Throughout the past year, we have achieved a lot having successfully led many transactions for the region's top names, whilst additionally leading deals for international clients looking for access to Mena markets and investors. Looking ahead, we will continue to support the ambitions of our local, regional and international clients, meeting their needs across products and geographies, as we grow stronger, together.”

FAB has received a number of awards and recognitions since FGB and NBAD merged earlier this year. The awards are based on the outstanding achievements and accomplishments of both banks. FAB is proud to carry the legacies of two of the UAE’s leading financial institutions, as it celebrates a new joint identity and vision to grow stronger.

Trade Arabia

Head of legal affairs at First Abu Dhabi Bank quits after six months


The head of legal affairs at First Abu Dhabi Bank has resigned due to personal reasons, two sources aware of the matter said on Wednesday.

Samer Abdelhaq, who took over as group general co


FAB wealth sentiment index down 2.2pc in August


First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced the latest score of its Wealth Sentiment Index (WSI), has decreased from 1040.66 in July to 1017.37 in August, reflecting a 2.2 per c

Trade Arabia

First Abu Dhabi Bank Wealth Sentiment Index down 1.3% in July


Lower consumer prices and higher production costs helped pull down First Abu Dhabi Bank’s Wealth Sentiment Index in July, which fell 1.3 percent compared with the previous month. The index, which me

Arab News

Ticker Price Volume
QNBK 123.30 103,897
MMG 0.00 0
SABIC 100.87 2,504,855
STC 71.32 119,991
CHEMANOL 7.11 932,192
RIBL 11.97 465,866
TRADEUNION 20.69 200,872
FAB Sector Market
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
RJHI 67.88 0.29 (0.42%)
NCB 51.47 -0.96 (-1.84%)
NBK 779.00 -2.00 (-0.26%)
SAMBA 24.40 0.00 (0.00%)
EMIRATESNBD 8.39 0.14 (1.69%)
Etisalat: iPhone 8s to hit UAE stores on Saturday, September 23


Avid Apple consumers will have to wait until later next month to order the new iPhone X but etisalat announced on Friday that it will begin offering the new generation iPhone 8 starting Saturday, Sep

Gulf News

HSBC Saudi Arabia leads KSA’s first accelerated bookbuild


HSBC Saudi Arabia successfully led the execution of the first accelerated bookbuilding (ABB) process in the Kingdom with the sale of 16,000,000 shares in Almarai Company. The sale represents a 2 perc

Arab News

Tawuniya offers private motor insurance program


The Company for Cooperative Insurance (Tawuniya) has launched a comprehensive private motor insurance program. Al-Shamel program offers vehicle owners an insurance cover for any accidental loss or da

Arab News

It's awards season for A. Schulman and Sabic


Materials makers A. Schulman Inc. and Saudi Basic Industries Corp. each recently won awards for their customer service and for the quality of their materials.

Fairlawn, Ohio-based Schulman

Plastic News

Brand survey reveals loyalty levels among UAE banks


Emirates NBD inspires more customer loyalty than other UAE banks and has the highest trust levels in the country according to a new report released on Thursday.

The Bank Brands Customer Loya

Arab News