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اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

2026-11-12T06:06:39.000Z

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BoE urges tighter policy
اقتصاد سكاي نيوز عربية

Source: اقتصاد سكاي نيوز عربية

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FAB Approves Capital Rise

FAB Approves Capital Rise

The board of First Abu Dhabi Bank has approved a proposal to increase its capital through a rights issue, aiming to raise up to AED 15 billion, subject to shareholder and regulatory approval. The issue is intended to support the bank’s growth in the UAE and its international markets while preserving strong capital and liquidity. Since 2020, its assets have grown by more than 50% to AED 1.4 trillion, net profit has doubled to AED 21.1 billion, and return on tangible equity has risen by 6.2 percentage points to 19.2%.

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