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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 Named ‘Equity Fund of the Year’ at the 2026 GBM Middle East Awards
July 6th, 2026 - 10:34 GMT

SICO Capital Named ‘Equity Fund of the Year’ at the 2026 GBM Middle East Awards

Techstars and Emirates NBD partner to accelerate enterprise-grade AI and FinTech solutions across the MENAT region
July 6th, 2026 - 07:41 GMT

Techstars and Emirates NBD partner to accelerate enterprise-grade AI and FinTech solutions across the MENAT region

Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan
July 6th, 2026 - 04:18 GMT

Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan

Markaz Participates as Strategic Sponsor of UniCODE 2026 by Coded
July 6th, 2026 - 04:07 GMT

Markaz Participates as Strategic Sponsor of UniCODE 2026 by Coded

Markaz: Kuwait markets fell mildly during June as geopolitical uncertainty and rate hike concerns weighed on sentiment
July 5th, 2026 - 04:16 GMT

Markaz: Kuwait markets fell mildly during June as geopolitical uncertainty and rate hike concerns weighed on sentiment

Burgan Bank Crowns the winner of the Kanz Semi-Annual Draw Winner KD 500,000 Prize
July 5th, 2026 - 04:16 GMT

Burgan Bank Crowns the winner of the Kanz Semi-Annual Draw Winner KD 500,000 Prize

Sahm to Host 2026 H2 U.S. Market Outlook Webinar with Nasdaq & CME
July 3rd, 2026 - 04:24 GMT

Sahm to Host 2026 H2 U.S. Market Outlook Webinar with Nasdaq & CME

Mashreq Redefines Business Protection for SMEs with Instant, Embedded Insurance Solutions in Partnership with Sukoon
July 3rd, 2026 - 03:55 GMT

Mashreq Redefines Business Protection for SMEs with Instant, Embedded Insurance Solutions in Partnership with Sukoon

Visa Announces Visa Threat Intelligence Platform to Strengthen Cyber and Fraud Defense
July 3rd, 2026 - 03:45 GMT

Visa Announces Visa Threat Intelligence Platform to Strengthen Cyber and Fraud Defense

VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
July 3rd, 2026 - 03:45 GMT

VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services

Mastercard Survey: 96% of Bahraini SMEs believe that digital payments are critical for growth
July 3rd, 2026 - 03:31 GMT

Mastercard Survey: 96% of Bahraini SMEs believe that digital payments are critical for growth

Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities
July 2nd, 2026 - 04:08 GMT

Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities

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