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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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KIB accompanies Kuwaiti sports delegation at 4th GCC Games Opening Ceremony in Qatar
May 14th, 2026 - 03:48 GMT

KIB accompanies Kuwaiti sports delegation at 4th GCC Games Opening Ceremony in Qatar

Bank ABC’s Investment Grade Rating of BBB- and Stable outlook  Affirmed by Fitch Ratings
May 14th, 2026 - 03:26 GMT

Bank ABC’s Investment Grade Rating of BBB- and Stable outlook Affirmed by Fitch Ratings

SIB Rights Issue Attracts over AED 8.3 billion, Oversubscribed by 3.2 times
May 13th, 2026 - 07:19 GMT

SIB Rights Issue Attracts over AED 8.3 billion, Oversubscribed by 3.2 times

Bank ABC Appoints Paul Jennings  as Group Chief Executive Officer
May 13th, 2026 - 07:00 GMT

Bank ABC Appoints Paul Jennings as Group Chief Executive Officer

The generational digital divide is fading among UAE investors, eToro finds
May 13th, 2026 - 06:00 GMT

The generational digital divide is fading among UAE investors, eToro finds

Bank ABC announces Q1 2026 financial results  Net profit attributable to the shareholders of the parent of US$52 million
May 13th, 2026 - 05:55 GMT

Bank ABC announces Q1 2026 financial results Net profit attributable to the shareholders of the parent of US$52 million

BingX Expands Global Capital Gala Campaign, Positioning Users for the Next Macro Wave
May 12th, 2026 - 07:55 GMT

BingX Expands Global Capital Gala Campaign, Positioning Users for the Next Macro Wave

ADIB Marks Global Money Week 2026 with Expanded Financial Literacy Outreach Through MoneySmart Programme
May 12th, 2026 - 07:49 GMT

ADIB Marks Global Money Week 2026 with Expanded Financial Literacy Outreach Through MoneySmart Programme

Bitcoin Continues Higher as 21Shares Launches First Canton Network ETF
May 12th, 2026 - 07:23 GMT

Bitcoin Continues Higher as 21Shares Launches First Canton Network ETF

ADCB unveils to customers its unrivalled mobile banking application powered by state-of-the-art artificial intelligence capabilities
May 12th, 2026 - 06:10 GMT

ADCB unveils to customers its unrivalled mobile banking application powered by state-of-the-art artificial intelligence capabilities

ADX partners with Zoud to launch Global Money Week 2026 in the UAE, advancing youth financial literacy
May 12th, 2026 - 05:57 GMT

ADX partners with Zoud to launch Global Money Week 2026 in the UAE, advancing youth financial literacy

KIB launches Visa+ to enable receiving international transfers via mobile number
May 11th, 2026 - 08:41 GMT

KIB launches Visa+ to enable receiving international transfers via mobile number

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