Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Bahrain All Share Index, Islamic Index close lower
- Qatar Free Zones, Russia's BIOCAD sign MoU on biotech activities in Qatar
- Gold price in Qatari market rises by 3.18% this week
- MSX Index closes higher at 4,305 Points
- Dollar rises from seven-month low
- Oman signs deal for world's first liquid hydrogen corridor to Europe
- Gulf Bank shortens working hours to support employee wellbeing and work-life balance
- Zain launches 'Bede' Fintech Platform in Sudan
- ECB cuts rates as Trump tariffs raise fears for eurozone growth
- Dubai gold price eases after record high - More drops ahead?
20/03/2018 05:08 AST
First Abu Dhabi Bank (FAB) has refuted allegations that it had conducted any transaction with the intent to manipulate the Qatari riyal.
In a statement, FAB said: "Following recent media speculation, we are surprised to read news reports containing rumours, alleging that First Abu Dhabi Bank (FAB) conducted transactions with the intent to manipulate the Qatari riyal. FAB conducts its business in accordance with the highest professional standards and complies with the laws and regulations of the jurisdictions in which it operates. FAB categorically refutes these rumours.
"FAB maintains strong working relationships with regulators across the globe and continually engages in constructive dialogue to ensure full compliance with the latest legal and regulatory requirements. This ongoing commitment is a cornerstone of FAB's operations and a key factor in our ability to enable clients and partners to grow stronger," it added.
Abu Dhabi-based FAB, the UAE's largest bank and one of the world's largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading corporate and investment banking and personal banking franchises.
Trade Arabia
01/04/2018
First Gulf Properties, the real estate service provider and a wholly-owned subsidiary of the First Abu Dhabi Bank (FAB), has changed its name to "FAB Properties."
It manages a diversified
Trade Arabia
21/03/2018
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest financial institutions, has secured a licence from the Saudi Arabia Monetary Authority (Sama) to establish a commerci
Trade Arabia
13/03/2018
First Abu Dhabi Bank (FAB), the UAE's largest bank, has signed an escrow agreement with the Real Estate Regulatory Administration in Ras Al Khaimah (RERA-RAK).
According to a statement from
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 402.00 | 0.10 (0.02 |
| EMIRATESNBD | 19.45 | -0.40 (-2.02 |
| ADCB | 10.44 | 0.14 (1.35 |
| EIB | 12.25 | 0.00 (0.00 |
| ADIB | 16.66 | 0.40 (2.46 |
18/04/2025
As part of its ongoing efforts to create an ideal work environment that reflects its deep commitment to employee wellbeing and work-life balance, Gulf Bank has announced a reduction in daily working
Kuwait Times
18/04/2025
Zain Fintech, the financial services arm of Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa
Kuwait Times
17/04/2025
Bullish on Qatar's macroeconomic prospects, Al Mahhar Holding is exploring options on expanding its manufacturing base for the energy sector over the medium term and aims to diversify into renewables
The Peninsula
17/04/2025
Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform - Gridora - that will actively drive infrastructure developmen
Trade Arabia
17/04/2025
The Zain Group Annual General Meeting (AGM) was held at the Zain Group's headquarters in Kuwait, attended with a quorum of 79.2% of shareholders whereby they were presented with the Zain Group's 2024
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia