FAB’s interim joint credit chief steps down + Shuaa taps new head of digital assets
Antoine Sokhn leaves First Abu Dhabi Bank after more than nine years with the lender
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Antoine Sokhn leaves First Abu Dhabi Bank after more than nine years with the lender
FAB is among a group of 21 new lenders that were allocated around USD 7 bn
Plus: AIQ targets exporting its software
Both lenders’ overlays — made after the conflict — eased in 2Q 2026
Plus: More bidders are eyeing Mubadala’s Brazil port and Dubai’s GDP was up 2.4% in 1Q
The total return swap will fund debt refinancing and infrastructure
Plus: Dubai placed first for the fifth year in a row for FDI projects
FAB is back for another debt raise, while Burjeel revives the debut sukuk it shelved when war sent spreads wider
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