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UAE banks’ earnings flat in 2Q as impairments surge
Impairments jumped 81% q-o-q to AED 2.9 bn, wiping out gains from a 5.5% rise in net loans and advances
Khazna Data Centers lines up USD 2.62 bn in debt from ADCB, FAB to scale at home and abroad
The facility has a 10-year tenor
FAB issues USD 750 mn low-carbon energy bond
The issuance was more than 3x oversubscribed
Another bond issuance from FAB
Proceeds will refinance eligible nuclear power projects under its sustainable finance framework
FAB issues debut HKD 390 mn blue bond
The five-year notes are issued via a private offering
THIS MORNING: UAE firms eye Iraq’s Mosul International Airport + FAB backs Adani Airport with syndicated loan
Plus: FAB joins several banks on syndicated loan for Adani Airport
UAE banks are outperforming their peers this year -CI Capital
CI Capital upgraded the target prices across the UAE banks it covers, reflecting their strong performances in 1H 2025
THIS MORNING: Etihad Rail could invest in new railway extension in Kenya + Western countries issue warning to Israelis traveling to the UAE
Plus: FAB, ADHA roll out subsidized Islamic home financing to Emiratis
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