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Fitch Ratings has reaffirmed First Abu Dhabi Bank’s AA- credit rating with a stable outlook. The agency cited strong capitalisation, robust liquidity ratios, and systemic importance within both Abu Dhabi and the wider UAE banking sector.
TA’ZIZ and Alpha Dhabi Holding have signed a major agreement targeting $10 billion investment for chemical production expansion in Abu Dhabi. The deal aims to boost local industry under UAE’s national strategy while reducing reliance on imports.
TA’ZIZ and Alpha Dhabi Holding have signed a $10 billion agreement aimed at expanding chemical production in Abu Dhabi’s Al Ruwais Industrial City. The partnership targets up to 14 new chemicals focused on meeting domestic demand while supporting national industry initiatives.
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