Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

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 Source: Bloomberg.com
Illustration: A modern glass banking tower in Abu Dhabi under clear morning skies, featuring reflective contemporary architecture in the financial dis
Illustration

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.

Sources

More from Industry News

View all
China–UAE News
Source: The National

FIA President Discusses Chinese Automaker Interest and Middle East Formula 1 Races

In an interview with The National, FIA President Mohammed Ben Sulayem confirmed that the Abu Dhabi and Qatar Formula 1 Grands Prix will proceed as planned despite regional concerns. Sulayem noted that Chinese automakers BYD and Geely have made approaches regarding a potential 12th team entry, which will be evaluated on competitive and commercial merits. He also indicated that a potential return to V8 engines could reduce car weight by 80 kilograms and cut engine costs by at least 50 per cent.

Policy & Legal Updates
Source: Gulf News

Abu Dhabi and OpenAI Launch Machine-Readable Government Initiative for Regulatory Approvals

The Abu Dhabi Government has partnered with OpenAI to launch the Machine-Readable Government initiative, converting official regulations into AI-readable formats to accelerate regulatory assessments. The system aims to cut routine permit and certificate evaluations from days to minutes while maintaining human oversight. The initiative forms part of Abu Dhabi's Dh13 billion Government Digital Strategy for 2025–2027.

China–UAE News
Source: The Times Union

UAE Non-Oil Trade Nears AED 3 Trillion as China Remains Top Partner

The UAE's non-oil foreign trade expanded 10.1% year-on-year to AED 2.945 trillion in the first nine months of 2026. China maintained its status as the UAE's primary import supplier and largest overall trading partner for non-oil goods. Total non-oil exports rose 21.6% to reach a record AED 705.8 billion.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy