Menu

Did you know?

Did you know that the world’s first ever law school was founded in the city of Beirut in Lebanon ? The school was believed to be a centre for the study of Roman Law during the classical antiquity era.

   

Latest Insights

We are happy to have added to equities a week ago

Weekly Investment View – 18 February 2018

The report reviews a week that was good for FAB Asset Allocation, after recently adding to Global Equities weightings. The US CPI inflation data is discussed. The recent conclusions from Knight Frank’s UK property quarterly are summarized, with the tentative conclusion that prime real estate prices have bottomed. Lastly, the Investment Summary discusses Fed rate expectations and asset class weightings.

Read the full article

UAE Market Performance for the day.

INTERVIEW – Al Arabiya TV – 07 February 2018

Mohammed Ali Yasin , the FAB Securities CEO discussed the geopolitical risks in the Middle East and talks about the markets

Watch the video

FOMC Preview When words do speak louder than actions

31 January 2018

This evening’s FOMC rate announcement in the U.S. will be Janet Yellen’s last as Fed Chair. She will not want to shock the market before leaving office and Fed funds futures pricing suggests minimal chance of a rate move. Far more important will be the tone of Yellen’s accompanying statement and it is this that the bond market will make any reaction to, in the context of an already higher bias to the U.S. yield curve.
Simon Ballard - Macro Strategist, Market Insights & Strategy

Read the full report

Angola – Change Is In The Air

Hot Topics – 31 January 2018

Since the appointment of only the second Angolan President in 38 years a series of important policy actions have been initiated. We take a brief look at these and the potential outlook for this important oil producing country.

Glenn Wepener - Executive Director, Market Insights & Strategy

Read the full report

Middle East & African Currency Markets Guide

22 January 2018

Our 2018 guide to the Middle East and African currency markets including FAB’s capabilities in each.

Glenn Wepener - Executive Director, Market Insights & Strategy

Read the full report

World Economic Forum 2018; What to Watch For

Macro Strategy and Economic Update - 22 January 2018

The annual 4-day World Economic Forum (WEF) begins in Davos-Klosters, Switzerland tomorrow (January 23) and investors will be watching carefully for market-moving headlines. With India’s Prime Minister Modi and US President Trump expected to book-end the proceedings, and with a diverse range of debates in between, there should be plenty to interest the market. In this brief overview we highlight what we believe will be the key areas to watch.

Simon Ballard - Macro Strategist, Market Insights & Strategy

Read the full report

FAB VS Peer Banks

17 January 2018

In this report our Market Insights team compare First Abu Dhabi Bank with its main peers from the GCC and the rest of the world. These comparisons are purely factual with no opinions expressed. We have used various parameters including credit ratings, CDS spreads, RoE, Capital Adequacy, etc. The reports is deliberately text-light and chart-based to make it easier to digest.

Chavan Bhogaita - MD & Head of Market Insights & Strategy

Read the full report

FAB’s Yasin says Regions Markets win with Receding Tension.

INTERVIEW – Bloomberg TV – 17 January 2018

Mohammed Ali Yasin , the FAB Securities CEO discussed the geopolitical risks in the Middle East and talks about the markets

Watch the video

Global Macro Thoughts

Hot Topics – 10 January 2018

Global financial markets are facing a potentially more challenging environment in 2018/2019 as central banks begin to pare back monetary and fiscal stimulus and embark on the (hopefully gradual) process of balance sheet normalization. The velocity of this normalization process will be key to how global markets react. To avoid adverse reaction across the risk asset space, central banks need to convey ‘dovish tightening strategies’. Time will tell.

Simon Ballard - Macro Strategist, Market Insights & Strategy

Read the full article

Oman to print 2018’s first bond deal from the GCC

Hot Topics – 10 January 2018

The Sultanate of Oman is currently marketing a 3-tranched bond deal. FAB’s Market Insights team has provided some initial thoughts on this transaction.

Rakesh Sahu, Analyst, Market Insights & Strategy; Chavan Bhogaita, Head of Market Insights & Strategy

Read the full article

Cryptocurrencies - Back to the future

Hot Topics – 10 January 2018

Digital currencies have become all the rage this past year, but could another ‘bubble’ market be forming and will the technology itself change the way we do business in the future?

Glenn Wepener - Executive Director, Market Insights & Strategy  

Read the full article

GCC Fixed Income Chart Book: Q4 2017 Review

09 January 2018

FAB’s Market Insights team published their quarterly review of GCC bond and sukuk markets for Q4 2017

Chavan Bhogaita, Head of Market Insights & Strategy
Rakesh Sahu, Analyst – Market Insights & Strategy

Read the full report

SUDAN: A Window Of Opportunity

Hot Topics – 18 December 2017

The recent lifting of US sanctions on Sudan has potentially provided the country with a window of opportunity to re-join the global community following a long period of relative isolation. However it still faces numerous economic and political challenges and these are the issues we attempt to analyse here.

Glenn Wepener - Executive Director, Market Insights & Strategy  

Read the full article

Daily Market News

Latest Global Market Reports

Bahrain‘s new bond/sukuk combo – a good test of investor appetite?

Hot Topics – 13 September 2017

Following the Kingdom of Bahrain’s announcement of initial price talk for its 3-tranche bond and sukuk transaction, FAB’s Market Insights & Strategy team provides a quick overview of the deal along with some relative value analysis.

Chavan Bhogaita, Head of Market Insights & Strategy
Rakesh Sahu, Analyst – Market Insights & Strategy

Read the full article

Take Two - Kenya’s Presidential Election To Be Re-run

Hot Topics – 04 September 2017

Markets have begun to reflect growing concerns over the potential for extended political turbulence in Kenya, after the country’s High Court declared the latest Presidential election’s results invalid and ordered fresh elections be held within the next two months, due to ‘illegalities’ around the electronic transmission of paper results. We expect pressure on Kenyan assets to continue in the near term, at least until the poll has been re-run.

Glenn Wepener, Executive Director & Geopolitical Analyst Middle East & Africa

Read the full report

Other Regional and Sector Insights

A Quieter Start

Weekly Fixed Income Comment – 13 November 2017

So now we know how the seventh innings started: on a soft note. The regional news centring on Saudi Arabia obviously had an impact on our markets last week but was also a factor in the weaker credit markets that we saw globally, along with focal points in the US high yield markets centred on some of the companies in that universe and outflows from the(...)

Ian Clarke, Head of Fixed Income Fund Management

Read the full article

Mena Equity Commentary

Weekly Equity Comment – 06 November 2017

The GCC region remains volatile and continues to be impacted on the macro and political front. Last week the IMF updated its regional outlook for the Middle East, although growth concerns remain, IMF forecasts highlight fiscal initiatives with oil break-evens mostly falling. Kuwait remains best positioned in the current environment(...)

Saleem Khokhar, Head of Equities Fund Management

Read the full article