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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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GIB Reports 11% Increase in Net Income Attributable to Shareholders of the Bank
November 14th, 2025 - 04:18 GMT

GIB Reports 11% Increase in Net Income Attributable to Shareholders of the Bank

Abu Dhabi Islamic Bank and UAE Ministry of Finance Launch First AED-Denominated Sovereign Sukuk for Individual Investors via ADIB Smart Sukuk Platform
November 14th, 2025 - 04:12 GMT

Abu Dhabi Islamic Bank and UAE Ministry of Finance Launch First AED-Denominated Sovereign Sukuk for Individual Investors via ADIB Smart Sukuk Platform

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions
November 14th, 2025 - 03:55 GMT

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program
November 13th, 2025 - 04:31 GMT

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program

Visa Unveils 2025 Creator Report; Introduces Creator Agent Pilot with Karat
November 13th, 2025 - 04:12 GMT

Visa Unveils 2025 Creator Report; Introduces Creator Agent Pilot with Karat

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market
November 13th, 2025 - 04:05 GMT

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market

ADIB Engages the UAE’s Deaf Community Through a First-of-its-Kind Financial Awareness Initiative
November 13th, 2025 - 03:55 GMT

ADIB Engages the UAE’s Deaf Community Through a First-of-its-Kind Financial Awareness Initiative

90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report
November 13th, 2025 - 03:40 GMT

90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company
November 13th, 2025 - 03:05 GMT

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million
November 13th, 2025 - 03:02 GMT

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million

Visa Direct Stablecoin Payouts Pilot Speeds Up Access to Funds for Creators & Gig Workers
November 13th, 2025 - 02:49 GMT

Visa Direct Stablecoin Payouts Pilot Speeds Up Access to Funds for Creators & Gig Workers

Visa and Bank al Etihad Stay Secure Study: 96% of Consumers in Jordan Proactively Safeguard Digital Payments
November 13th, 2025 - 02:36 GMT

Visa and Bank al Etihad Stay Secure Study: 96% of Consumers in Jordan Proactively Safeguard Digital Payments

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