|Bid||56.15 x 800|
|Ask||56.45 x 1100|
|Day's Range||56.39 - 56.40|
|52 Week Range||48.72 - 58.49|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-3.03%|
|Beta (5Y Monthly)||1.21|
|Expense Ratio (net)||0.71%|
Announcement: Moody's is excited to announce several guest speakers for its 15th GCC Summit in Dubai. Global Credit Research- 10 Feb 2020. London, 10 February 2020-- Moody's 15th Annual GCC Summit will ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First Abu Dhabi Bank PJSC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has today assigned a (P)Baa3 senior unsecured rating to the proposed USD1.0 billion Trust Certificate Issuance Programme ("Programme") to be set up by ESIC Sukuk Limited (the "Issuer"), a special purpose vehicle established in the Cayman Islands by Emirates Strategic Investments Company ("ESIC", Baa3 stable). The outlook on the rating is stable. "The transaction is credit positive because the proceeds of the issue of the future certificates will be used to acquire investment properties and grow ESIC's listed equity portfolio and it is in line with our expectation for the issuer rating" says Lahlou Meksaoui, a Moody's local market analyst.
Moody's Investors Service ("Moody's") has today assigned a first-time Baa3 long-term issuer rating to Emirates Strategic Investments Company ("ESIC"), a private company based in Abu Dhabi, United Arab Emirates. "Emirates Strategic Investments Company's Baa3 rating is supported by its strong financial profile and a good base of recurring income from investment properties and equity investments. This partially offsets the company's asset and geographic concentration as well as the weak property market outlook in the United Arab Emirates" says Lahlou Meksaoui, a Moody's Lead Analyst.