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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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Citi Announces Senior Leadership Appointments to Strengthen International Franchise
April 30th, 2026 - 06:13 GMT

Citi Announces Senior Leadership Appointments to Strengthen International Franchise

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement
April 30th, 2026 - 05:50 GMT

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

H.H. Sheikh Ammar bin Humaid Al Nuaimi chairs Ajman Bank Board meeting; profit before tax of AED 134 million in the first quarter
April 30th, 2026 - 05:48 GMT

H.H. Sheikh Ammar bin Humaid Al Nuaimi chairs Ajman Bank Board meeting; profit before tax of AED 134 million in the first quarter

Jordan Ahli Bank and Al Hussein Technical University Sign Agreement to Establish Cybersecurity and Digital Trust Lab
April 30th, 2026 - 05:47 GMT

Jordan Ahli Bank and Al Hussein Technical University Sign Agreement to Establish Cybersecurity and Digital Trust Lab

ADCB Introduces Mortgage Solutions for Off-plan Properties from Leading Developers in the UAE, Contributing to the Continuous Growth of the Real Estate Sector
April 30th, 2026 - 05:38 GMT

ADCB Introduces Mortgage Solutions for Off-plan Properties from Leading Developers in the UAE, Contributing to the Continuous Growth of the Real Estate Sector

Mashreq and Cashew Deepen Collaboration to Advance Embedded Lending in the UAE
April 29th, 2026 - 07:47 GMT

Mashreq and Cashew Deepen Collaboration to Advance Embedded Lending in the UAE

RAKBANK Strengthens Support for UAE SMEs with Expanded Financing, Relief Measures and Growth Incentives
April 29th, 2026 - 07:34 GMT

RAKBANK Strengthens Support for UAE SMEs with Expanded Financing, Relief Measures and Growth Incentives

NBB Offers Customers a Second Opportunity to Benefit from Instalment Deferral via Its Innovative Digital Platform
April 29th, 2026 - 03:42 GMT

NBB Offers Customers a Second Opportunity to Benefit from Instalment Deferral via Its Innovative Digital Platform

HSBC supports Saudi Arabia’s growing private markets with expanded product suite
April 28th, 2026 - 08:46 GMT

HSBC supports Saudi Arabia’s growing private markets with expanded product suite

The Devil Wears Prada 2: A ‘Miranda Portfolio’ of Luxury Stocks Delivers 629% Returns
April 28th, 2026 - 08:29 GMT

The Devil Wears Prada 2: A ‘Miranda Portfolio’ of Luxury Stocks Delivers 629% Returns

CFI Financial Group Reports Record Q1 2026 Performance, Surpassing USD 2.3 Trillion in Trading Volume
April 28th, 2026 - 03:32 GMT

CFI Financial Group Reports Record Q1 2026 Performance, Surpassing USD 2.3 Trillion in Trading Volume

Local investors’ confidence in the UAE market remains high despite geopolitical tensions, survey finds
April 27th, 2026 - 05:39 GMT

Local investors’ confidence in the UAE market remains high despite geopolitical tensions, survey finds

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