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More banks post solid 2Q 2024 earnings
Mashreq, FAB, UAB, NMDC, and others report earnings
FAB India lends Indian renewables AED 129.9 mn + DIB confirms role in USD 3.25 bn financing for Gems
PLUS: Dewa plans to issue tenders for over 50 substations within the next three years
FAB raises USD 800 mn in Formosa bond sale
The issuance was priced at the Secured Overnight Financing Rate plus 105 bps
THIS MORNING: US lawmakers call for probe into Microsoft’s partnership with G42 + FAB denies plans to acquire a stake in Yes Bank
Plus: More m’naires to flock to the UAE this year
FAB names acting chief risk officer
Iyer will assume the position until the bank’s board appoints a permanent successor
FAB appoints two new chiefs
The lender appointed a new chief compliance officer and chief credit officer to its executive committee
FAB and Yapi Kredi terminate takeover talks
The talks reportedly fell through on the back of disagreements over pricing
Bildco approves FAB, AD Ports settlement agreement
AD Ports has waived its lawsuit against Bildco
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