FAB Connects
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"بلغ صافي أرباح مجموعة بنك أبوظبي الأول خلال الربع الثالث 4.5 مليار درهم، مدفوعاً بعوامل عدة؛ أبرزها الركائز القوية للاقتصاد التي أدت إلى نمو حجم الأعمال وزيادة قيمة الإيرادات وتنوع مصادر الدخل، في الوقت الذي نواصل فيه الاستفادة من تنوع قطاعات أعمالنا لتعزيز علاقاتنا مع العملاء.
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“The Group produced a net profit of AED 4.5 billion in the third quarter of 2024, on the back of a number of important factors. Strong business momentum supported by robust economic conditions were reflected in volume growth, rising revenues and diversified income streams, as we
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"يعكس أداء بنك أبوظبي الأول في الربع الثالث من عام 2024 زيادة وتيرة الأعمال ونمو نشاط العملاء، إلى جانب تنويع مصادر الإيرادات على المستوى المحلي وعبر شبكة البنك الدولية، فضلاً عن التزامنا بتطبيق استراتيجيتنا التنموية الطموحة."
هناء الرستماني، الرئيس التنفيذي لمجموعة بنك أبوظبي
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“FAB’s third quarter performance in 2024 was driven by increased client activity, sustained business momentum, and diversified sources of revenue growth in the UAE and the international franchise, enhanced by clear strategic execution.”
Hana Al Rostamani- Group Chief Executive
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FAB delivered robust results for the first nine months of 2024, achieving a record net profit of AED 12.9 billion, driven by solid performance across all business lines. With Group revenues reaching AED 23.9 billion and a 15% YoY increase in profit before tax to AED 15.3 billion,
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حقق بنك أبوظبي الأول نتائج قوية خلال الأشهر التسعة الأولى من عام 2024، حيث بلغ صافي أرباحه 12.9 مليار درهم، في حين وصلت إيرادات المجموعة إلى 23.9 مليار درهم، وارتفعت الأرباح قبل احتساب الضرائب بنسبة 15% على أساس سنوي لتصل إلى 15.3 مليار درهم.
يواصل بنك أبوظبي الأول تحقيق نمو قوي
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FAB’s third quarter performance was driven by increased client activity, sustained business momentum, and diversified sources of revenue growth in the UAE and the international franchise, enhanced by clear strategic execution.
Know more
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Hana Al Rostamani, Group CEO of FAB, has been recognised as the Top Sustainability Leader in Banking and Financial Services on Forbes Middle East’s Sustainability Leaders 2024 list.
This accolade highlights FAB’s commitment to driving sustainable finance and supporting climate
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French headline (final) CPI for September came in with a dramatic low print of +1.1% YoY yesterday, compared to earlier estimates of +1.2% and down from +1.8% in August - not to mention +4.9% this time last year. But is was the month-on-month rate that really stole the attention.
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We may have missed out on this year’s Nobel Prize for Economics, but in all seriousness, the decision to award this year’s prize to U.S. economists Daron Acemoglu, Simon Johnson and James A. Robinson for their research into how “institutions are formed and affect prosperity”
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Hotter than expected US Sept CPI data released last Thursday was a reality check for Fed rate cut expectations, alongside the latest initial jobless claims that came in higher than forecast at 258k. Our main focus was on core CPI which rose to 3.3% YoY, ahead of 3.2% in August
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FAB Connects Retweeted
#ADX
is proud that 3 of its listed companies have been nominated for the prestigious 2024 Middle East Investor Relations Association (
#MEIRA
) Investor Relations (IR) Best Practice Awards in partnership with Extel. We are rooting for you!
@FABConnects
@ADNOCdist
@AdnocLs
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We are delighted to announce the winners of our recent client engagement initiative, recognising the strategic growth and contributions of our Commercial Banking clients. Two of our valued clients were presented with brand-new Teslas, while many others received exclusive gold
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The FAB Middle East-Asia Connections Summit was a resounding success and we thank our partners, His Excellency Jamal Abdulla Mohammed Bin Abdulwahab AlSuwaidi, Ambassador of the United Arab Emirates to the Republic of Singapore and Dr Brian Shegar, President of the UAE-Singapore
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From renewable projects to cutting-edge innovations, the “Energy for Growth” session brought together industry leaders and visionaries to explore how strategic energy investments can fuel prosperity, build resilient economies, and drive sustainable growth for future generations.
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Our analysis of "The Changing World" focused on the next chapter of collaboration between these two dynamic regions. From accelerating digital transformation to expanding trade routes and exploring sustainable investment opportunities, the session highlighted the strategic areas
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FAB Group CEO Hana Al Rostamani opened the Inaugural FAB Middle East-Asia Connections Summit in Singapore with a keynote address highlighting the huge potential ahead as ties between the two regions grow stronger and deeper, creating new opportunities to drive sustainable
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A fast-changing global economy makes Middle East-Asia connections more important than ever.
Trends in energy, trade, demographics, technology, and financial flows make a centuries-old gateway for investment and wealth creation even more critical for the future. Conceived in Abu
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Asian credit markets are marching higher in early trading this morning, with sentiment seemingly buoyed in the wake of the U.S. labour market, September nonfarm payrolls report that was released late Friday afternoon (16.30 GST). At the time of writing we see the Nikkei in the
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