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FAB taps new chief risk officer + Cavendish Maxwell taps CEO
Chris Jacques was tapped as FAB’s CRO as of 5 August, while Nick Witty joins Cavendish Maxwell
Six UAE lenders named among top 25 in MENA
ADFD received the UN’s SIDs Partnerships Award
FAB eyeing USD 5 bn stake in India’s Yes Bank + Dubai to build world’s largest food logistics zone
Plus: Moody’s says UAE is among the top five fastest emerging economies in 2024
FAB to launch USD 750 mn debt sale
The debt will be non-callable for 5.5 years
Adnoc and local UAE banks in the spotlight
PLUS: Local banks are stepping up their involvement in financing local transactions in the Middle East
FAB appoints two new chiefs
The lender appointed a new chief compliance officer and chief credit officer to its executive committee
Bildco approves FAB, AD Ports settlement agreement
AD Ports has waived its lawsuit against Bildco
FAB, Union Properties report bottom line growth in 1Q 2024, while DAE sees bottom line dip
FAB attributed net income growth to “well-managed expenses and robust asset quality”
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