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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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Sahm App Introduces Sahm Invest Community, the First-of-its-Kind Online Community for Arab Investors
October 1st, 2025 - 04:50 GMT

Sahm App Introduces Sahm Invest Community, the First-of-its-Kind Online Community for Arab Investors

Sahm Capital Launches Web Version to Expand Seamless Market Access
October 1st, 2025 - 04:48 GMT

Sahm Capital Launches Web Version to Expand Seamless Market Access

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses
October 1st, 2025 - 04:27 GMT

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses

Boursa Kuwait launches the second edition of the “Bell” initiative for financial literacy in commemoration of World Investor Week
October 1st, 2025 - 03:58 GMT

Boursa Kuwait launches the second edition of the “Bell” initiative for financial literacy in commemoration of World Investor Week

NBB Signs Framework Agreement with Banco BPM to Strengthen Bilateral Trade and Investment between the Kingdom of Bahrain and Italy
October 1st, 2025 - 03:55 GMT

NBB Signs Framework Agreement with Banco BPM to Strengthen Bilateral Trade and Investment between the Kingdom of Bahrain and Italy

NBB Group Launches ‘Expert Talks’ Fostering a Culture of Knowledge Sharing & Recognition of Talent
September 30th, 2025 - 06:29 GMT

NBB Group Launches ‘Expert Talks’ Fostering a Culture of Knowledge Sharing & Recognition of Talent

Visa Announces General Availability of VCS Hub; Ushers in a New Era of AI-Powered Commercial Payments Innovation
September 30th, 2025 - 06:00 GMT

Visa Announces General Availability of VCS Hub; Ushers in a New Era of AI-Powered Commercial Payments Innovation

Mashreq’s Global Climb2Change Initiative Takes on India’s Himalayan Trails to Combat Environmental Degradation
September 29th, 2025 - 08:57 GMT

Mashreq’s Global Climb2Change Initiative Takes on India’s Himalayan Trails to Combat Environmental Degradation

eToro partners with Lean to provide instant AED bank transfers to UAE customers
September 29th, 2025 - 04:43 GMT

eToro partners with Lean to provide instant AED bank transfers to UAE customers

AngelAi Accelerates Middle East Expansion with Saudi Arabia Poised to Lead the AI-Driven Financial Transformation
September 29th, 2025 - 04:36 GMT

AngelAi Accelerates Middle East Expansion with Saudi Arabia Poised to Lead the AI-Driven Financial Transformation

Extended trading hours and amended closing auction mechanism to increase the Kuwaiti capital market’s appeal to investors
September 28th, 2025 - 11:31 GMT

Extended trading hours and amended closing auction mechanism to increase the Kuwaiti capital market’s appeal to investors

Iranian rial
September 28th, 2025 - 07:59 GMT
Sally Shakkour

Iranian rial sharply falls following sanctions

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