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Emirati lenders FAB, ADIB, and Emirates NBD boost activity abroad
The deal is structured as a multitranche loan, incorporating multiple currencies
Parkin expands into KSA
Plus: FAB + Libre Capital to develop tokenized lending solutions
THIS MORNING: LuLu Retail to debut on ADX + Abu Dhabi to acquire Pakistani airline?
Plus: Gulf states are wary of Trump’s policy on Iran
e& is still the UAE’s most valuable brand -Kantar BrandZ
The UAE’s top 10 Emirati brands collectively pooled a value of USD 31.8 bn in 2024, down 3% y-o-y
FAB raises USD 200 mn from fixed maturity portfolio
The funds carry a three-year maturity
More earnings…
FAB, NBQ, UAB, and Palms Sports all posted their 3Q and 9M earnings
Singapore’s Trafigura secures USD 150 mn in financing for UAE exports
Trafigura will use the funds to purchase UAE commodities
FAB + Brookfield take over Network
FAB and Brookfield will exchange their shares in Magnati for additional interests in Network Project Holdings
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