First Abu Dhabi Bank Weighs Multibillion-Dollar Rights Issue

Executives at First Abu Dhabi Bank PJSC have held preliminary discussions about potentially raising billions of dollars through a rights issue, Bloomberg reported. The lender is weighing the potential equity offering, though discussions remain preliminary. No finalized terms or official statements have been made public.

Published November 9, 2026 Source: Bloomberg.com

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Executives at First Abu Dhabi Bank PJSC have held preliminary discussions about potentially raising billions of dollars through a rights issue, Bloomberg reported, citing people familiar with the matter.

According to the report, the deliberations focus on exploring a multibillion-dollar capital increase by issuing shares to existing investors.

The discussions were described as preliminary, and no final decisions or transaction terms have been formally announced by the Abu Dhabi-based lender.