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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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Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager
May 28th, 2026 - 03:18 GMT

Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager

KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal
May 26th, 2026 - 01:10 GMT

KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance
May 26th, 2026 - 04:20 GMT

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance

NBB Introduces Yalla Eidiya Pocket Through its Yalla Family Banking Proposition
May 26th, 2026 - 04:17 GMT

NBB Introduces Yalla Eidiya Pocket Through its Yalla Family Banking Proposition

NBB Announces Availability of Eidiya Banknotes Through Select ATMs
May 25th, 2026 - 04:18 GMT

NBB Announces Availability of Eidiya Banknotes Through Select ATMs

Ajay Banga in G7 summit
May 24th, 2026 - 09:05 GMT
P. Choiaqo

Iran War pressures 27 countries to ask for crisis funds from World Bank

FAB Report Highlights AED 381 Billion Mobilised in Sustainable and Transition Finance
May 24th, 2026 - 05:23 GMT

FAB Report Highlights AED 381 Billion Mobilised in Sustainable and Transition Finance

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies trading on the exchange
May 24th, 2026 - 04:55 GMT

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies trading on the exchange

S&P affirms Bank ABC’s Investment Grade Rating of ‘BBB-/A-3’ rating  and ‘Stable’ Outlook
May 24th, 2026 - 04:23 GMT

S&P affirms Bank ABC’s Investment Grade Rating of ‘BBB-/A-3’ rating and ‘Stable’ Outlook

BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion
May 22nd, 2026 - 11:00 GMT

BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion

ADIB and DAMAC Ease the Path to Homeownership with New Comprehensive Finance Solution
May 22nd, 2026 - 03:13 GMT

ADIB and DAMAC Ease the Path to Homeownership with New Comprehensive Finance Solution

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation
May 22nd, 2026 - 02:47 GMT

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation

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