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13/03/2018 06:01 AST
First Abu Dhabi Bank (FAB), the UAE's largest bank, has signed an escrow agreement with the Real Estate Regulatory Administration in Ras Al Khaimah (RERA-RAK).
According to a statement from the bank on Monday, the agreement will allow FAB to open and manage escrow accounts for developers of off-plan property projects in Ras Al Khaimah.
It complies with the regulations intended to protect real estate buyers and sellers through registering all projects and off-plan sales in Ras Al Khaimah. FAB has a dedicated Escrow Management team under the umbrella of its Global Transaction Banking business.
Gulf News
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 |
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Ticker | Price | Change |
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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 |
01/05/2025
Beyon announced its financial results for the first quarter of 2025.
Beyon reported net profit attributable to equity holders of BHD 18.1M (US$ 48.0M) for Q1 2025, a 4% decrease from BHD 18
BNA
01/05/2025
Vodafone Qatar recently took part in the 6th edition of the Build Your House exhibition.
Build Your House is a premier event catering to local house builders, bridging connections between
The Peninsula
01/05/2025
Qatar Navigation (Milaha) yesterday announced its financial results for the three months ended March 31, 2025.
Milaha reported solid financial results for the first quarter ended March 31,
The Peninsula
01/05/2025
Industries Qatar, yesterday reported a net profit of QR1bn for the three-month period ended 31 March 2025, representing a moderate decline compared to 1Q-24.
Macroeconomic environment prese
The Peninsula
01/05/2025
PureHealth Holding, a leading healthcare group in the Middle East, reported a revenue increase of 8% year-on-year to AED6.6 billion ($1.8 billion) driven by growth across all of PureHealth's segments
Trade Arabia