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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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Burgan Bank Promotes Eng. Saud Al Hadbah to General Manager of General Services Administration
August 3rd, 2025 - 06:38 GMT

Burgan Bank Promotes Eng. Saud Al Hadbah to General Manager of General Services Administration

Sharjah Islamic Bank Promotes a Culture of Saving Among the Younger Generation in Collaboration with “Sharjah Children”
August 1st, 2025 - 03:41 GMT

Sharjah Islamic Bank Promotes a Culture of Saving Among the Younger Generation in Collaboration with “Sharjah Children”

Waha Capital Reports Strong First Half Results as Net Profit Attributable to Shareholders Rises to AED 209 Million
August 1st, 2025 - 07:48 GMT

Waha Capital Reports Strong First Half Results as Net Profit Attributable to Shareholders Rises to AED 209 Million

Invest Bank Launches “Sharjah Inspired Design Challenge”
August 1st, 2025 - 07:43 GMT

Invest Bank Launches “Sharjah Inspired Design Challenge”

UAE’s affluent investors lead global shift to alternatives and gold
August 1st, 2025 - 07:36 GMT

UAE’s affluent investors lead global shift to alternatives and gold

 UAE’s Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK
August 1st, 2025 - 07:32 GMT

UAE’s Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK

Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million
August 1st, 2025 - 04:55 GMT

Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million

CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25
August 1st, 2025 - 04:38 GMT

CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership
July 31st, 2025 - 11:20 GMT

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat
July 31st, 2025 - 07:24 GMT

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat

Burgan Bank Reports Stable Financial Performance for H1 2025
July 31st, 2025 - 06:25 GMT

Burgan Bank Reports Stable Financial Performance for H1 2025

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
July 30th, 2025 - 01:27 GMT

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem

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