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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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NBB Appoints Mohamed Al Hammadi as Group Head of Financial Institution & Transaction Banking Sales
August 19th, 2025 - 04:05 GMT

NBB Appoints Mohamed Al Hammadi as Group Head of Financial Institution & Transaction Banking Sales

Invest Bank Returns to Strong Profitability in H1 2025, Marks Historic Turnaround and Expands Leadership Team
August 18th, 2025 - 11:27 GMT

Invest Bank Returns to Strong Profitability in H1 2025, Marks Historic Turnaround and Expands Leadership Team

Visa Cardholders Get First Shot at Applying for FIFA World Cup 26™ Tickets
August 18th, 2025 - 09:09 GMT

Visa Cardholders Get First Shot at Applying for FIFA World Cup 26™ Tickets

Warba Launches New Community Initiative with the General Administration of Coast Guard
August 18th, 2025 - 08:38 GMT

Warba Launches New Community Initiative with the General Administration of Coast Guard

du Pay launches 'Salary in the Digital Wallet' feature, empowering financial inclusion for the UAE workforce
August 18th, 2025 - 08:05 GMT

du Pay launches 'Salary in the Digital Wallet' feature, empowering financial inclusion for the UAE workforce

  ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets
August 18th, 2025 - 08:03 GMT

ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets

Boursa Kuwait Continues to Earn Recognition for Leadership in Governance, Sustainability and Women’s Empowerment
August 18th, 2025 - 06:47 GMT

Boursa Kuwait Continues to Earn Recognition for Leadership in Governance, Sustainability and Women’s Empowerment

Worldpay leverages Mastercard Move to empower consumers and businesses to send and receive payments quickly and securely in the UAE
August 18th, 2025 - 06:46 GMT

Worldpay leverages Mastercard Move to empower consumers and businesses to send and receive payments quickly and securely in the UAE

eToro and Emirati-founded Sahab School Partner to Advance Financial Skills in the UAE
August 18th, 2025 - 05:27 GMT

eToro and Emirati-founded Sahab School Partner to Advance Financial Skills in the UAE

Sharjah Islamic Bank Holds First Draw of “Millionaire” Campaign and Announces Winner of BMW XM
August 17th, 2025 - 10:59 GMT

Sharjah Islamic Bank Holds First Draw of “Millionaire” Campaign and Announces Winner of BMW XM

NBB Recognised Among Forbes Middle East’s Top 10 Listed Companies in Bahrain for 2025
August 17th, 2025 - 04:49 GMT

NBB Recognised Among Forbes Middle East’s Top 10 Listed Companies in Bahrain for 2025

Warba Bank Announces Strategic Partnership with Zayoom to Elevate its Digital Marketplace Experience
August 17th, 2025 - 04:47 GMT

Warba Bank Announces Strategic Partnership with Zayoom to Elevate its Digital Marketplace Experience

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