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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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SICO Capital Appoints Hatim Alfawaz as Head of Fixed Income
February 3rd, 2026 - 05:05 GMT

SICO Capital Appoints Hatim Alfawaz as Head of Fixed Income

Standard Chartered Issues USD 170 Million Certificate of Deposit via DIFC
February 2nd, 2026 - 10:41 GMT

Standard Chartered Issues USD 170 Million Certificate of Deposit via DIFC

Gold prices
February 2nd, 2026 - 06:03 GMT
Sally Shakkour

Gold falls by over 7% to about $4500

BingX AI Bingo Integrates TradFi Suite to Expand Intelligent, Multi-Asset Trading
February 1st, 2026 - 05:17 GMT

BingX AI Bingo Integrates TradFi Suite to Expand Intelligent, Multi-Asset Trading

Markaz Participates as Gold Sponsor at GCC Connect E2I – Kuwait 2026
February 1st, 2026 - 05:07 GMT

Markaz Participates as Gold Sponsor at GCC Connect E2I – Kuwait 2026

KIB hosts its first specialized panel discussion on the valuation of industrial plots and the impact of regulatory decisions
February 1st, 2026 - 05:05 GMT

KIB hosts its first specialized panel discussion on the valuation of industrial plots and the impact of regulatory decisions

Burgan Bank Demonstrates Financial Strength and Operational Resilience in 2025
February 1st, 2026 - 04:59 GMT

Burgan Bank Demonstrates Financial Strength and Operational Resilience in 2025

Arab Bank Group Reports Record Net Profit of USD 1.13 Billion for 2025, 40% Cash Dividends
February 1st, 2026 - 04:52 GMT

Arab Bank Group Reports Record Net Profit of USD 1.13 Billion for 2025, 40% Cash Dividends

ADX and Borsa Italiana sign Letter of Intent to explore cross-border investment opportunities
January 30th, 2026 - 09:10 GMT

ADX and Borsa Italiana sign Letter of Intent to explore cross-border investment opportunities

KIB concludes “She L.E.A.D.S in STEM” initiative to empower future-ready female talent
January 30th, 2026 - 08:34 GMT

KIB concludes “She L.E.A.D.S in STEM” initiative to empower future-ready female talent

Bitcoin slides nearly 20% in three months
January 30th, 2026 - 08:31 GMT

Bitcoin slides nearly 20% in three months

Burgan Bank Concludes its Strategic Sponsorship of “Nuzhat Fohgah” in Line with its Effort to Foster Health and Wellness
January 29th, 2026 - 05:40 GMT

Burgan Bank Concludes its Strategic Sponsorship of “Nuzhat Fohgah” in Line with its Effort to Foster Health and Wellness

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