First Abu Dhabi Bank Proposes Dh15 Billion Rights Issue, the Largest the UAE Has Seen
First Abu Dhabi Bank wants to raise up to Dh15 billion by offering existing shareholders 1.11 billion new shares at a 30 per cent discount. Mubadala, its largest shareholder, intends to take up its full entitlement. A shareholder vote is set for 7 December.