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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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Network International expands portfolio with Absa Bank
August 15th, 2025 - 04:14 GMT

Network International expands portfolio with Absa Bank

NBB Concludes EVOLVE 2025 School Segment and Commences University Phase
August 14th, 2025 - 12:54 GMT

NBB Concludes EVOLVE 2025 School Segment and Commences University Phase

Zand and Mastercard announce a strategic collaboration to Enhance Cross-Border Payment Solutions
August 14th, 2025 - 12:15 GMT

Zand and Mastercard announce a strategic collaboration to Enhance Cross-Border Payment Solutions

Brazil rolls out $1billion “sovereign Brazil” plan to counter U.S. tariff offensive
August 14th, 2025 - 09:18 GMT
Mansour Al-Maswari

Brazil rolls out $1 billion “sovereign Brazil” plan to counter U.S. tariff offensive

GIB reports strong first half financial results, demonstrating continued strategic progress and financial strength
August 14th, 2025 - 06:25 GMT

GIB reports strong first half financial results, demonstrating continued strategic progress and financial strength

Ajman Bank partners with Expleo to establish a testing centre of excellence
August 13th, 2025 - 01:28 GMT

Ajman Bank partners with Expleo to establish a testing centre of excellence

NBB Welcomes Yusuf Ahmed Abdulla as Head of Prestige Banking
August 13th, 2025 - 01:23 GMT

NBB Welcomes Yusuf Ahmed Abdulla as Head of Prestige Banking

Bank ABC Islamic announces first half 2025 net profit of US$ 26.9 million
August 13th, 2025 - 01:04 GMT

Bank ABC Islamic announces first half 2025 net profit of US$ 26.9 million

ADIB and Abu Dhabi Housing Authority signs an agreement to Expand Affordable Housing Finance for UAE Nationals
August 13th, 2025 - 12:47 GMT

ADIB and Abu Dhabi Housing Authority signs an agreement to Expand Affordable Housing Finance for UAE Nationals

Burgan Bank ISO/IEC 20000-1:2018 Certification Renewed
August 13th, 2025 - 12:39 GMT

Burgan Bank ISO/IEC 20000-1:2018 Certification Renewed

China sanctions two Lithuanian banks in retaliation for EU measures over Russia
August 13th, 2025 - 07:25 GMT
Mansour Al-Maswari

China sanctions two Lithuanian banks in retaliation for EU measures over Russia

Bank ABC announces results for the period ended 30 June 2025: Net profit attributable to shareholders reaches US$ 152 million
August 13th, 2025 - 04:55 GMT

Bank ABC announces results for the period ended 30 June 2025: Net profit attributable to shareholders reaches US$ 152 million

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