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First Abu Dhabi Bank

Industry News
Source: Gulf Business

WEF and Bain Report Projects AI Could Unlock $1 Trillion Across MENA

A report by the World Economic Forum and Bain & Company projects artificial intelligence could unlock over $1 trillion in economic and sustainability value across MENA by 2030. The valuation encompasses sustainable finance, public investment flows, avoided asset losses, and energy-sector gains. While 89 percent of regional sustainability leaders acknowledge AI's high potential, active implementation remains limited to between 40 and 55 percent.

Industry News
Source: Business Recorder

UAE Stocks End Mixed as Easing Iran Tensions Lift Dubai Benchmark Index

United Arab Emirates stock markets ended mixed on Friday as regional tensions eased following remarks from US President Donald Trump regarding Iran. Dubai's benchmark index broke a three-session decline to close 0.3% higher, driven by gains in Emirates NBD and Emaar Properties. Abu Dhabi's index finished lower, pressured by drops in basic materials, telecoms, utilities, and First Abu Dhabi Bank.

Industry News
Source: Zawya

Deutsche Bank Expands Dubai Investment Banking Division with Three Key Appointments

Deutsche Bank has announced three senior appointments in its Dubai office to expand its investment banking portfolio and client coverage across the Middle East. The appointments include Ilya Korobov as Director of Debt Capital Markets CEEMEA, Adel Taleb as Director within the Distressed Products Group, and Nitin Sawhney as Head of the Institutional Client Group MENA. The expansion follows major regional sovereign and corporate bond issuances handled by the bank.

Industry News
Source: Menafn

Abu Dhabi Sustainable Business Leadership Awards 2026 Honours Tenth Edition Winners

The Abu Dhabi Sustainability Group has announced the winners of the 10th annual Abu Dhabi Sustainable Business Leadership Awards across six core categories. The milestone ceremony also presented Dolphin Energy with the Decade of Leadership Award. Winners included the Abu Dhabi Chamber of Commerce and Industry, First Abu Dhabi Bank, ADNEC Group, and ABB Power Transmission and Distribution.

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