Update: Market Chatter: First Abu Dhabi Bank Explores Multibillion-dollar Capital Raise

01:25 AM EST, 11/10/2026 (MT Newswires) -- (Updates with First Abu Dhabi Bank's statement) First Abu Dhabi Bank (ADX:FAB) is reportedly considering raising $5 billion through a rights issue to tap opportunities within the United Arab Emirates. Bloomberg News reported Monday, citing unnamed sources, that the lender's executives have had informal discussions with major banks for the proposed issue. However, a final decision has not been made yet. "As a matter of policy, FAB does not comment on individual client relationships, transactions, or market speculation. We remain committed to supporting our clients across the markets in which we operate and conducting our business in accordance with the highest standards of governance and regulatory compliance," a FAB spokesperson told MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)