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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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Sharjah Islamic Bank recorded a net profit of AED 1.1 billion with 24% increase
October 8th, 2025 - 04:35 GMT

Sharjah Islamic Bank recorded a net profit of AED 1.1 billion with 24% increase

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses
October 6th, 2025 - 09:12 GMT

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses

Sahm Capital Partners with Financial Academy Forum 2025 as Bronze Sponsor to Advance Investor Education
October 6th, 2025 - 04:35 GMT

Sahm Capital Partners with Financial Academy Forum 2025 as Bronze Sponsor to Advance Investor Education

Burgan Bank, as Strategic Sponsor, Participates in CODED’s 2025 Academy X Graduation Ceremony
October 5th, 2025 - 11:30 GMT

Burgan Bank, as Strategic Sponsor, Participates in CODED’s 2025 Academy X Graduation Ceremony

 KIB concluded its participation in Auto World Show 2025 and revealed its instalments-at-cash-price deal
October 5th, 2025 - 09:46 GMT

KIB concluded its participation in Auto World Show 2025 and revealed its instalments-at-cash-price deal

KIB Group, represented by KIB Invest, takes on Joint Lead Manager role in landmark USD2.5 billion government-guaranteed Sukuk issuance by Saudi Real Estate Refinance Company
October 5th, 2025 - 04:27 GMT

KIB Group, represented by KIB Invest, takes on Joint Lead Manager role in landmark USD2.5 billion government-guaranteed Sukuk issuance by Saudi Real Estate Refinance Company

Warba Bank shares vision at IMF Annual Meetings in Washington
October 5th, 2025 - 04:10 GMT

Warba Bank shares vision at IMF Annual Meetings in Washington

Warba Bank launches first digital “Easy Finance” in Kuwait for domestic workers
October 3rd, 2025 - 05:50 GMT

Warba Bank launches first digital “Easy Finance” in Kuwait for domestic workers

Western Union Appoints Nicolas Levi to Lead Middle East Operations
October 3rd, 2025 - 05:49 GMT

Western Union Appoints Nicolas Levi to Lead Middle East Operations

ADX roadshow in New York with Morgan Stanley draws strong global interest in Abu Dhabi securities
October 3rd, 2025 - 05:15 GMT

ADX roadshow in New York with Morgan Stanley draws strong global interest in Abu Dhabi securities

Amazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers
October 2nd, 2025 - 05:18 GMT

Amazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers

KIB concluded its Platinum Sponsorship of the second GCC Housing Conference and “Baiti” Exhibition
October 2nd, 2025 - 04:53 GMT

KIB concluded its Platinum Sponsorship of the second GCC Housing Conference and “Baiti” Exhibition

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