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Abu Dhabi’s FAB surges as it seeks more foreign investment

First Abu Dhabi Bank (FAB) PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed in Abu Dhabi as much as 5.8%, the biggest increase since April 2017, before paring gains to 3.5% as of 12:29pm local time yesterday….

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