FAB Capital eyes expanding market share in Saudi Arabia

NOHA.GAD
Dec 15, 2024

Riyadh - Sharikat Mubasher: FAB Capital, a wholly owned subsidiary of First Abu Dhabi Bank (FAB), plans to diversify its retail and corporate services to increase its market share in Saudi Arabia.

As part of its expansion strategy in the Kingdom, FAB Capital aims to grow its footprint while supporting and upskilling Saudi talent, Chief Executive Officer (CEO) Saoud Al-Behairi stated in an interview with Asharq Business.

He highlighted that Saudi Arabia’s financial sector is the largest and one of the most attractive in the GCC region.

Licensed by the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA), FAB Capital operates several branches across the Kingdom, offering services such as investment advisory, fund management, and other financial activities.


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