Abu Dhabi Bank – BOL News Staging

Tue, 21-Oct-2025

January 27, 2022 by Muhammad Zubair

ABU DHABI: The UAE’s largest bank, First Abu Dhabi Bank, scooped a record annual net profit of $3.4 billion in 2021, a 19 per cent increase over the previous year, it announced on Thursday. The FAB Group, based in the UAE’s capital, recorded a profit of Dh12.5 billion, up from Dh10.6 billion in 2020, the … Read more

How omicron is affecting Middle East markets

November 29, 2021 by Muhammad Zubair

DUBAI: The new Covid-19 variant, omicron, has prompted global economic concerns, as fears of its spread begin to affect stock markets and oil prices, Arab News reported. Saudi Arabia’s main market, the Tadawul All Share Index, opened 5.3 per cent lower on Sunday, trading near 10,700 points. The Dubai Financial Market was down 8.49 per cent in … Read more

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