Releases

Next Phase Of FAB Brand Roll-Out Underway For H2 2017

Abu Dhabi, 6 August, 2017: First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank will start to install new FAB signage across First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) branches, whilst...

GE Oil & Gas awarded contract by Lucart for installation of new NovaLT12 Gas Turbine in Italy

GE Oil & Gas signs agreement for provision of two of its new, top-of-the-line NovaLT12 turbines for cogeneration applications to Italian paper mill Lucart at two of its Italian locations. ·         New turbines are designed for up to 37% efficiency at full load and allow for standardisation and modularisation to reduce engineering activities and delivery time as well as reduced emissions. ...

FAB named ‘Best Bank in the UAE’ at 2017 Banker Middle East Industry Awards

NBAD Securities wins ‘Best Brokerage Company’ award for the second consecutive year Dubai First named ‘Best Consumer Finance Company’ for the third year in a row First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Best Bank in the UAE’ at the 2017 Banker Middle East Industry Awards. The bank’s subsidiary, NBAD Securities,...

NBAD invites SMEs to attend a free workshop on Expo 2020 Dubai opportunities

National Bank of Abu Dhabi (NBAD), in collaboration with CPI Business, are inviting small and medium enterprises (SMEs) to attend its next complimentary workshops dedicated to opportunities at Expo 2020 Dubai. With 20% of its budget - worth AED 5 billion - committed to SMEs, the Expo offers unique prospects for smaller companies. The workshop is part of the NBAD’s SME Academy programme and the...

NBAD becomes the 1st bank in MENA to go live on blockchain for real time cross border payments with Ripple

  The National Bank of Abu Dhabi (NBAD) is pleased to be the first Middle East bank to introduce real time cross border payments on Blockchain technology. The new channel is intended to facilitate regional customers with simple, real time and secure way to process their cross border payments within NBAD network.Ripple’s Distributed Financial Technology fits within NBAD’s existing infrastructure...

FGB and NBAD boards recommend merger to create the largest bank in the Middle East and North Africa region

First Gulf Bank PJSC (FGB) and National Bank of Abu Dhabi PJSC (NBAD) announce today that their boards of directors have voted unanimously to recommend to shareholders a merger of the two Abu Dhabi-listed banks. The proposed merger will create a bank with the financial strength, expertise, and global network to support the UAE’s economic ambitions at home and drive the country’s growing...

NBAD Securities #1 Brokerage in the UAE

NBAD Securities, a subsidiary of National Bank of Abu Dhabi (NBAD), closed the year 2015 as the #1 broker in the combined ADX and DFM markets in terms of traded value, exceeding 40 billion dirhams. While overall UAE markets traded values have dropped by over 60% compared to 2014, NBADS managed to maintain its UAE market share of about 9.5%, due to a strategy of diversification and customised...

UAE government services transactions using e-Dirham top AED 4 billion in 1H 2015

The total automated collection of revenues by the Federal Government through the e-Dirham system during the first half of the current year (January to June 2015) was about AED 4 billion, up 11% from 3.6 million in the first half of 2014 . The total number of e-services that have been completed through the e-Dirham system during the first half of 2015 rose 9% to 18.7 million from 17 million...

NBAD surpasses 100,000 followers on LinkedIn

National Bank of Abu Dhabi (NBAD) this week surpassed 100,000 followers on LinkedIn helped by growing interest among job seekers, via the bank’s new direct hiring model and the launch of an integrated digital and social media strategy. The number of followers on the professional network has doubled in the past 12 months, making it the largest LinkedIn follower-base among UAE banks. Ehab Hassan,...

NBAD Launches $750mn Additional Tier 1 Perpetual Bond

On June 10th 2015, the National Bank of Abu Dhabi (NBAD), the safest bank in the Middle-East and Emerging Markets, successfully launched its inaugural USD 750mn Additional Tier 1 Perpetual Bond and achieved multiple records in the process. NBAD initially held a set of investor meetings in Singapore, Hong Kong, London, Frankfurt, Zurich and Geneva, and following strong investor interest decided...

Strong appetite for investment in Egypt

A panel of business leaders, bankers, investors and regulators said at a Forum hosted by the National Bank of Abu Dhabi (NBAD) that there is strong appetite to invest in Egypt. NBAD, the safest bank in the Middle East and the Emerging Markets, hosted 200 clients and guests at the Forum which was called ‘Egypt on the Rise - West-East Corridor’, in Cairo on 27 May, 2015. The forum came after...

NBAD named ‘Rising Star Emerging Markets House’

The National Bank of Abu Dhabi (NBAD) has been named the ‘Rising Star Emerging Markets House’ by Global Capital magazine, making it the first bank in the Middle East to receive this prestigious award. Year to date, NBAD has worked on 18 benchmark bond and Sukuk offerings including for Etisalat, DP World, National Bank of Kuwait, the Government of Ras Al Khaimah, Hikma Pharmaceuticals and Emirates...

Ministry of Finance launches Self-services e-kiosks for e-Dirham transactions

The Ministry of Finance today launched self-service e-kiosks for e-Dirham transactions, on the sidelines of the Cards and Payments Middle East exhibition and conference, currently being held at the Dubai International Convention and Exhibition Centre (DICEC) at Dubai World Trade Centre. Prominent institutions, companies and experts in the field of electronic payment systems are participating at...

ADNIF Awards Mini Cooper to the Winner of Personal Finance Campaign

Abu Dhabi National Islamic Finance (ADNIF), a wholly owned subsidiary of the National Bank of Abu Dhabi, has awarded a Mini Cooper to Nasir Mohamed Al Ali, the first winner of its Personal Finance Campaign.ADNIF’s personal finance campaign started on 1st March and continues until 31st May 2015. During the campaign ADNIF enters the name of the clients who avails personal finance of AED 300,000 and...