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Banking and Finance

Banking and Finance latest

FAB delivers 7% growth in H1’26 operating income to AED 19.50 billion and a profit before tax of AED 13.20 billion
July 24th, 2026 - 06:04 GMT

FAB delivers 7% growth in H1’26 operating income to AED 19.50 billion and a profit before tax of AED 13.20 billion

First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026. In Q2’26, profit before tax rose 16% sequentially and 6% year on year to AED 7.08 billion, reflecting the resilience of its diversified business model, disciplined execution, and continued client activity across its franchise. The Group reported a 7% yoy growth in operating income to AED 19.50 billion and a 3% yoy increase in profit before tax to AED 13.20 billion ...
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Jordan Ahli Bank Sponsors the West Asia Basketball Association U18 Championship in Amman
July 22nd, 2026 - 04:15 GMT

Jordan Ahli Bank Sponsors the West Asia Basketball Association U18 Championship in Amman

In a Global First-of-Its-Kind Issuance Al Etihad Payments and Mastercard Announce the First Co-Badged Credit Card in the UAE
July 22nd, 2026 - 04:03 GMT

In a Global First-of-Its-Kind Issuance Al Etihad Payments and Mastercard Announce the First Co-Badged Credit Card in the UAE

FAB Launches the Emirati Jaywan Debit Card, Reinforcing the UAE's National Payments Ecosystem
July 21st, 2026 - 04:18 GMT

FAB Launches the Emirati Jaywan Debit Card, Reinforcing the UAE's National Payments Ecosystem

Mashreq Masterclass demonstrates the power of executive-led thought leadership in B2B financial services
July 20th, 2026 - 05:47 GMT

Mashreq Masterclass demonstrates the power of executive-led thought leadership in B2B financial services

Fitch Assigns Invest Bank its Inaugural Long-Term Issuer Default Rating of 'BBB+' with Stable Outlook
July 20th, 2026 - 05:20 GMT

Fitch Assigns Invest Bank its Inaugural Long-Term Issuer Default Rating of 'BBB+' with Stable Outlook

Boursa Kuwait empowers 931 students in financial literacy and entrepreneurship in collaboration with INJAZ
July 20th, 2026 - 03:57 GMT

Boursa Kuwait empowers 931 students in financial literacy and entrepreneurship in collaboration with INJAZ

NBB Named Best Retail Bank in Bahrain by Euromoney Awards for Excellence
July 20th, 2026 - 03:45 GMT

NBB Named Best Retail Bank in Bahrain by Euromoney Awards for Excellence

Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Services at Global Scale
July 19th, 2026 - 04:19 GMT

Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Services at Global Scale

FAB Reinforces Position Among the World’s Highest-Rated Banks with AA- Equivalent Credit Ratings and Stable Outlooks Across All Three Major Rating Agencies
July 19th, 2026 - 04:10 GMT

FAB Reinforces Position Among the World’s Highest-Rated Banks with AA- Equivalent Credit Ratings and Stable Outlooks Across All Three Major Rating Agencies

Markaz Named “Kuwait’s Best Investment Bank” at Euromoney’s Awards for Excellence 2026
July 19th, 2026 - 03:58 GMT

Markaz Named “Kuwait’s Best Investment Bank” at Euromoney’s Awards for Excellence 2026

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth
July 17th, 2026 - 04:37 GMT

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses
July 17th, 2026 - 04:18 GMT

KamelPay launches AbsoluteCard powered by Mastercard, bringing real-time corporate spend management to UAE businesses

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