Tag: FAB
UAE’s FAB rolls out new payments business ‘Magnati’
UAE's largest bank First Abu Dhabi Bank (FAB) has completed the carve out of its existing payments business into a wholly-owned and operational subsidiary...
Abu Dhabi’s TAMM brings contactless payment facility for govt services with...
The Abu Dhabi government services ecosystem (TAMM) is adding the UAE’s leading mobile payment provider PayBy to its Abu Dhabi Pay network, to enable...
FAB, Mastercard join to facilitate B2B payments in UAE
The UAE’s largest bank, First Abu Dhabi Bank (FAB) has signed a five-year strategic partnership deal with global payments technology leader Mastercard to make...
FAB to join the Gulf bond issuers’ surge; Steps into euro...
The UAE’s largest lender, First Abu Dhabi Bank (FAB) is reportedly planning a debut euro-denominated bond issuance to become the latest Gulf issuer to...
FAB appoints its 1st ever female CEO
First Abu Dhabi Bank (FAB), the UAE’s largest bank, has appointed Hana Al Rostamani as group chief executive officer, promoting a woman to the...
FAB fully acquires Bank Audi’s Egypt subsidiary
UAE's largest bank First Abu Dhabi Bank (FAB) has signed a definitive agreement with Lebanon-based financial services company, Bank Audi sal (Bank Audi) to...
Abu Dhabi launches $1.6bn worth supply chain financing initiative for SMEs
Abu Dhabi Department of Finance (DoF) has launched a $1.6 billion (AED 6 billion) supply chain financing initiative to support a range of sectors...
FAB steps into debt market with $500mn sukuk
First Abu Dhabi Bank, the largest bank in the UAE has stepped into the debt market following its Dubai competitors, by starting to trade...
