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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 launches instant digital credit card issuance via its Mobile app
April 22nd, 2026 - 07:05 GMT

KIB launches instant digital credit card issuance via its Mobile app

FAB Unveils Net Zero Transition Plan in 2026 Transition Pathways Update
April 22nd, 2026 - 06:59 GMT

FAB Unveils Net Zero Transition Plan in 2026 Transition Pathways Update

United Arab Bank Advances Corporate Banking Digital Transformation with launch of Appzillon Corporate Digital Onboarding and Corporate Mobile App
April 22nd, 2026 - 05:57 GMT

United Arab Bank Advances Corporate Banking Digital Transformation with launch of Appzillon Corporate Digital Onboarding and Corporate Mobile App

Sahm Obtains DFSA Licence in the DIFC to Strengthen Its Presence in the UAE
April 21st, 2026 - 08:08 GMT

Sahm Obtains DFSA Licence in the DIFC to Strengthen Its Presence in the UAE

Bitcoin Hits Two-Month High as Institutional Momentum Builds and Charles Schwab Enters Crypto Markets
April 21st, 2026 - 04:23 GMT

Bitcoin Hits Two-Month High as Institutional Momentum Builds and Charles Schwab Enters Crypto Markets

RAKBANK is well positioned for growth with strong profitability, provision coverage, and capital
April 21st, 2026 - 04:17 GMT

RAKBANK is well positioned for growth with strong profitability, provision coverage, and capital

Navigating 2026 Market Volatility: JustMarkets on Energy Shocks, Central Banks, and Currency Trends
April 20th, 2026 - 11:14 GMT

Navigating 2026 Market Volatility: JustMarkets on Energy Shocks, Central Banks, and Currency Trends

Burgan Bank Signs Strategic Partnership with KIBS and Participates in Hult Ashridge Executive Program
April 20th, 2026 - 09:55 GMT

Burgan Bank Signs Strategic Partnership with KIBS and Participates in Hult Ashridge Executive Program

Visa Opens the Door to AI-Driven Shopping for Businesses Worldwide
April 20th, 2026 - 08:57 GMT

Visa Opens the Door to AI-Driven Shopping for Businesses Worldwide

 CMA Drives Responsible Financial Communication During International Week of Action in Collaboration with Finfluencers
April 20th, 2026 - 08:33 GMT

CMA Drives Responsible Financial Communication During International Week of Action in Collaboration with Finfluencers

CFI Advances its Operations in Egypt with Amr Abdelbaky appointed CEO of CFI Egypt
April 20th, 2026 - 08:29 GMT

CFI Advances its Operations in Egypt with Amr Abdelbaky appointed CEO of CFI Egypt

Al Ansari Exchange Renews Year-Long Partnership with Jetour as Exclusive Automotive Partner for 2026
April 20th, 2026 - 07:39 GMT

Al Ansari Exchange Renews Year-Long Partnership with Jetour as Exclusive Automotive Partner for 2026

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