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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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Markaz Launches a new branch of Marmore for research in Abu Dhabi
November 16th, 2025 - 03:57 GMT

Markaz Launches a new branch of Marmore for research in Abu Dhabi

Burgan Bank's Extraordinary General Assembly Approves Increasing its Authorized Capital to KD 600 Million
November 16th, 2025 - 03:44 GMT

Burgan Bank's Extraordinary General Assembly Approves Increasing its Authorized Capital to KD 600 Million

BingX Unveils Listing FastTrack for Swift and Transparent Token Onboarding
November 15th, 2025 - 07:05 GMT

BingX Unveils Listing FastTrack for Swift and Transparent Token Onboarding

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk
November 15th, 2025 - 06:55 GMT

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

Dubai Investments Profit Before Tax Surges by 59% to AED 1.10 billion for the Nine-Month Period Ended 30 September 2025
November 15th, 2025 - 06:42 GMT

Dubai Investments Profit Before Tax Surges by 59% to AED 1.10 billion for the Nine-Month Period Ended 30 September 2025

CBI reports pre-tax net profit of AED 109m for the first nine months of 2025
November 15th, 2025 - 06:37 GMT

CBI reports pre-tax net profit of AED 109m for the first nine months of 2025

International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes
November 15th, 2025 - 06:06 GMT

International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes

NBB Group Launches Advanced Corporate Credit Training for Senior Bankers
November 15th, 2025 - 05:56 GMT

NBB Group Launches Advanced Corporate Credit Training for Senior Bankers

Bitget Appoints Ignacio Aguirre Franco as Chief Marketing Officer to Drive Global Growth and UEX Evolution
November 14th, 2025 - 02:18 GMT

Bitget Appoints Ignacio Aguirre Franco as Chief Marketing Officer to Drive Global Growth and UEX Evolution

Ajman Bank Collaborates with Oracle to Power  Next-Generation Trade Finance Platform
November 14th, 2025 - 05:14 GMT

Ajman Bank Collaborates with Oracle to Power Next-Generation Trade Finance Platform

Mashreq signs MoU with DIFC to accelerate growth, innovation, and family wealth excellence
November 14th, 2025 - 05:10 GMT

Mashreq signs MoU with DIFC to accelerate growth, innovation, and family wealth excellence

eToro launches stock lending in the UAE, enabling users to earn passive income
November 14th, 2025 - 04:43 GMT

eToro launches stock lending in the UAE, enabling users to earn passive income

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