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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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CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth
January 27th, 2026 - 04:41 GMT

CBI Achieves Record Profit in 2025, Delivering AED 311 million Pre-Tax Net Profit with 40% Growth

Standard Chartered Bank Confirmed as Strategic Partner for Sustainability Forum Middle East 2026 Fourth Edition
January 26th, 2026 - 12:06 GMT

Standard Chartered Bank Confirmed as Strategic Partner for Sustainability Forum Middle East 2026 Fourth Edition

Al Ansari Exchange signs gold sponsorship agreement with MOHRE for Labour Market Excellence and National Initiatives
January 26th, 2026 - 09:50 GMT

Al Ansari Exchange signs gold sponsorship agreement with MOHRE for Labour Market Excellence and National Initiatives

Boursa Kuwait launches its new “Boursa Boat,” the second dedicated vessel supporting marine environmental protection in Kuwait Bay
January 26th, 2026 - 08:01 GMT

Boursa Kuwait launches its new “Boursa Boat,” the second dedicated vessel supporting marine environmental protection in Kuwait Bay

Visa Establishes New Region to Accelerate Digital Payments Growth in UAE, Kuwait & Qatar
January 26th, 2026 - 07:35 GMT

Visa Establishes New Region to Accelerate Digital Payments Growth in UAE, Kuwait & Qatar

First Abu Dhabi Bank Joins as Official Banking Partner for the First-Ever Open Masters Games in the Middle East
January 25th, 2026 - 05:42 GMT

First Abu Dhabi Bank Joins as Official Banking Partner for the First-Ever Open Masters Games in the Middle East

KIB and Suffix announce details of the fourth season of KIB | The Stadium, with equestrian sport entering its third consecutive year
January 25th, 2026 - 05:37 GMT

KIB and Suffix announce details of the fourth season of KIB | The Stadium, with equestrian sport entering its third consecutive year

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase
January 23rd, 2026 - 10:19 GMT

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase

State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model
January 23rd, 2026 - 09:56 GMT

State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion
January 22nd, 2026 - 06:26 GMT

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA
January 22nd, 2026 - 05:09 GMT

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA

  QNB Group Becomes First and Only Bank in MEA in 2026 to Surpass US$10 billion in Brand Value
January 22nd, 2026 - 05:03 GMT

QNB Group Becomes First and Only Bank in MEA in 2026 to Surpass US$10 billion in Brand Value

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