FAB partners with T. Rowe Price to expand GCC investment offerings

First Abu Dhabi Bank (ADX: FAB) announced a strategic partnership with T. Rowe Price Group (NASDAQ: TROW) to expand investment solutions across the Gulf Cooperation Council region.

Under the partnership, T. Rowe Price will serve as FAB's investment partner, providing solutions across equity, fixed income, alternatives and multi-asset strategies. The collaboration targets retail, private banking and institutional client segments.

FAB reported total assets of AED 1.38 trillion ($376 billion) as of September 2025. T. Rowe Price manages $1.79 trillion in client assets as of November 30, 2025.

"This strategic partnership with T. Rowe Price reflects our continued focus on expanding the depth and quality of investment solutions we deliver to our clients," said Hana Al Rostamani, Group Chief Executive Officer at First Abu Dhabi Bank.

Rob Sharps, Chair, Chief Executive Officer and President of T. Rowe Price, said the firm is "honored to partner with First Abu Dhabi Bank to deliver world-class investment solutions across public and private markets, tailored to meet the needs of investors throughout the GCC."

FAB operates across more than 20 markets and holds credit ratings of Aa3/AA-/AA- from Moody's, S&P and Fitch respectively. The bank maintains an MSCI ESG rating of 'AA'.

The information is based on a press release statement from the companies.

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