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ADSB appoints new senior hires + FAB eyes former Citi vice chair, DFSA appoints new CEO
PLUS: FAB eyes former Citigroup vice chairman
FAB, BMI give their two cents on the UAE’s growth prospects in 2025
The two have penciled in more optimistic growth predictions than the IMF, World Bank, and the CBUAE’s 2025 forecasts
BGN boosts its loan from UAE lenders to USD 232.5 mn
The facility will include a Murabaha tranche to incorporate both Islamic and conventional financing
FAB, Tecom Group, Adnoc Gas and more report 2024 earnings
Adnoc Gas saw net income hit a new record in 2024
Aldar and FAB’s issuances meet strong demand
Aldar secured the tightest spread for a corporate hybrid issuance in CEEMEA
THIS MORNING: Emirates NBD reportedly eyes acquisition of Egypt’s Banque du Caire + MAF shutters Carrefour stores in Oman
Plus: UAE, Malaysia could finalize trade agreement next week
Mashreq Al Islami’s CEO recognized as best Islamic Banking CEO by Global Business Outlook Awards + FAB classified as one of four leading GCC banks by Fitch. PLUS: Al Tamimi and Company’s training program hits 80% success rate
ALSO- Abu Dhabi was awarded the UN Tourism QUEST certification for its excellence in destination management
Emirati lenders FAB, ADIB, and Emirates NBD boost activity abroad
The deal is structured as a multitranche loan, incorporating multiple currencies
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