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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 appoints Abdulrahman Alsaddah as General Manager of Risk Management
May 7th, 2026 - 04:58 GMT

KIB appoints Abdulrahman Alsaddah as General Manager of Risk Management

Abdullah Al Sayegh Wins Cadillac OPTIQ EV with NBB
May 7th, 2026 - 04:53 GMT

Abdullah Al Sayegh Wins Cadillac OPTIQ EV with NBB

ADX welcomes HSBC as its first international bank to act as a General Clearing Member, broadening global access to Abu Dhabi’s capital markets
May 6th, 2026 - 07:51 GMT

ADX welcomes HSBC as its first international bank to act as a General Clearing Member, broadening global access to Abu Dhabi’s capital markets

DIB champions UAE industrial growth as exclusive Banking Partner at “Make it in the Emirates 2026”
May 6th, 2026 - 04:34 GMT

DIB champions UAE industrial growth as exclusive Banking Partner at “Make it in the Emirates 2026”

Abu Dhabi Family Business Council Signs MOU with Abu Dhabi Islamic Bank to Deliver Tailored Banking Solutions for High-Net-Worth Individuals
May 6th, 2026 - 04:29 GMT

Abu Dhabi Family Business Council Signs MOU with Abu Dhabi Islamic Bank to Deliver Tailored Banking Solutions for High-Net-Worth Individuals

First Abu Dhabi Bank and Mastercard launch multi-tiered  SME Commercial Cards Suite to accelerate digital business payments in the UAE
May 6th, 2026 - 04:29 GMT

First Abu Dhabi Bank and Mastercard launch multi-tiered SME Commercial Cards Suite to accelerate digital business payments in the UAE

MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026
May 6th, 2026 - 04:17 GMT

MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026

Markaz Delivers Joint Seminar on MREF with InvestGB
May 5th, 2026 - 10:23 GMT

Markaz Delivers Joint Seminar on MREF with InvestGB

Burgan Bank Wins Euromoney Award for “Best for High-Net-Worth” in Kuwait
May 5th, 2026 - 05:49 GMT

Burgan Bank Wins Euromoney Award for “Best for High-Net-Worth” in Kuwait

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery
May 4th, 2026 - 10:02 GMT

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closedAbu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market.  The Pullman London St Pancras is a highly r
May 4th, 2026 - 08:34 GMT

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE
May 4th, 2026 - 07:37 GMT

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE

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