The UAE’s largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of $3.4 billion in 2021, a 19 percent increase over the previous year. The FAB Group, based in the United Arab Emirates capital, recorded profit of 12.5 billion dirhams, up from 10.6 billion dirhams in 2020, the bank said. Total assets exceeded a “historic” high of one trillion dirhams ($272.4 billion), FAB said. “This performance reflects positive underlying trends across core businesses in a year of economic rebound and expansion,” it said, despite “headwinds from low interest rates”. On Wedn…