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- Kuwait Bourse closes higher
- Barwa Real Estate posts QR239.5m net profit for Q1
- QIC Group reports net profit of QR205m for Q1
- Gold prices fall
- China ramps up global yuan push, seizing on retreating dollar
- OPAZ, OQAE ink pact to drive energy efficiency in industrial zones
- Middle East Pizza Hut operator Americana Restaurants Q1-2025 revenues are healthy
- Dubai Airports off to a strong start in 2025, welcomes 23.4 million passengers in 3 months
- Saudi Arabia's shoppers are picking more gold jewellery - whatever the price
- Nakilat reports $118.9m Q1 net profit, up 3.2%
20/03/2018 05:08 AST
First Abu Dhabi Bank (FAB) has refuted allegations that it had conducted any transaction with the intent to manipulate the Qatari riyal.
In a statement, FAB said: "Following recent media speculation, we are surprised to read news reports containing rumours, alleging that First Abu Dhabi Bank (FAB) conducted transactions with the intent to manipulate the Qatari riyal. FAB conducts its business in accordance with the highest professional standards and complies with the laws and regulations of the jurisdictions in which it operates. FAB categorically refutes these rumours.
"FAB maintains strong working relationships with regulators across the globe and continually engages in constructive dialogue to ensure full compliance with the latest legal and regulatory requirements. This ongoing commitment is a cornerstone of FAB's operations and a key factor in our ability to enable clients and partners to grow stronger," it added.
Abu Dhabi-based FAB, the UAE's largest bank and one of the world's largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading corporate and investment banking and personal banking franchises.
Trade Arabia
30/04/2025
First Abu Dhabi Bank (FAB), the UAE's largest bank, announced a 23 per cent increase in its first-quarter net profit, reaching Dh5.13 billion compared to the same period last year.
The bank'
Khaleej Times
01/04/2018
First Gulf Properties, the real estate service provider and a wholly-owned subsidiary of the First Abu Dhabi Bank (FAB), has changed its name to "FAB Properties."
It manages a diversified
Trade Arabia
21/03/2018
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest financial institutions, has secured a licence from the Saudi Arabia Monetary Authority (Sama) to establish a commerci
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.00 | -1.50 (-0.38 |
| EMIRATESNBD | 20.55 | 0.15 (0.73 |
| ADCB | 11.64 | -0.26 (-2.19 |
| ADIB | 18.30 | 0.00 (0.00 |
| EIB | 12.25 | 0.00 (0.00 |
30/04/2025
Barwa Real Estate discloses its financial statements for the three month period ended March 31, 2025.
The results showed a net profit of QR239.5m attributable to the shareholders of the pare
The Peninsula
30/04/2025
Qatar Insurance Group, the leading insurer in Qatar and the MENA region, has announced a robust net profit of QR205m for the first quarter of 2025, up from QR194m in Q1 2024. The results were approve
The Peninsula
30/04/2025
Americana Restaurants has turned around its fortunes with revenues up 16.2% in Q1-2025, to total $573.4 million, and with net profit a healthy 16.5% higher to $32.6 million. This reverses a string of
Gulfnews
30/04/2025
Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR433 million ($118.92 million) for the first quarter of 2025, ended March 31, marking a 3.2% increase from QAR420 million recorded in
Trade Arabia
30/04/2025
Aldar Properties has reported a 33% year-on-year increase in profit before tax to AED2.2 billion ($599 million) for the first quarter of 2025, with net profit after tax rising by 22% year-on-year to
Trade Arabia
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