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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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Moneyhash and Mastercard collaborate to expand access to Merchant focused solutions, enhancing payment performance
December 21st, 2025 - 03:13 GMT

Moneyhash and Mastercard collaborate to expand access to Merchant focused solutions, enhancing payment performance

 NBB Signs Strategic Agreement with Procural to Advance Digital Procurement Capabilities
December 21st, 2025 - 02:57 GMT

NBB Signs Strategic Agreement with Procural to Advance Digital Procurement Capabilities

Warba Bank Receives Mastercard’s “Highest Spend Per Card on Credit Card” Award
December 21st, 2025 - 02:47 GMT

Warba Bank Receives Mastercard’s “Highest Spend Per Card on Credit Card” Award

Mastercard Consumer Shopper Snapshot 2025 reveals growing shift towards intentional holiday shopping in UAE
December 20th, 2025 - 05:52 GMT

Mastercard Consumer Shopper Snapshot 2025 reveals growing shift towards intentional holiday shopping in UAE

Ajman Bank Launches Digital Extension to Expand Smart, Customer-Centric Banking Services
December 20th, 2025 - 05:26 GMT

Ajman Bank Launches Digital Extension to Expand Smart, Customer-Centric Banking Services

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app
December 18th, 2025 - 03:46 GMT

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app

Burgan Bank Launches Investor Relations Mobile App to Transform Investor Communication
December 17th, 2025 - 05:37 GMT

Burgan Bank Launches Investor Relations Mobile App to Transform Investor Communication

Mastercard and Fuelin to advance secure, real-time mobility payments across MENA
December 17th, 2025 - 04:53 GMT

Mastercard and Fuelin to advance secure, real-time mobility payments across MENA

Boursa Kuwait welcomes the listing of Action Energy Company in its “Premier” Market
December 17th, 2025 - 04:39 GMT

Boursa Kuwait welcomes the listing of Action Energy Company in its “Premier” Market

DMCC and Crypto.com Strike Partnership to Advance Commodities Tokenisation and Digital Trade Infrastructure
December 17th, 2025 - 04:16 GMT

DMCC and Crypto.com Strike Partnership to Advance Commodities Tokenisation and Digital Trade Infrastructure

Visa Launches Stablecoin Settlement in the United States, Marking a Breakthrough for Stablecoin Integration
December 17th, 2025 - 04:12 GMT

Visa Launches Stablecoin Settlement in the United States, Marking a Breakthrough for Stablecoin Integration

Sahm Capital Reports Nearly 70% Year-on-Year User Growth as CFO Highlights Strong Momentum at Sahm Investment Strategy Summit
December 16th, 2025 - 04:12 GMT

Sahm Capital Reports Nearly 70% Year-on-Year User Growth as CFO Highlights Strong Momentum at Sahm Investment Strategy Summit

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