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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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During the event
February 24th, 2019 - 11:09 GMT

AGIP and Republican Scientific Research Institute of Intellectual Property in Russia Sign Cooperation Agreement

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being. (Shutterstock)
February 24th, 2019 - 10:57 GMT

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being

During the event
February 24th, 2019 - 09:00 GMT

KPMG Organizes Personal Data Protection Law Seminar for Regulatory Entities in Bahrain

Credit to the private sector increased by 4.9 per cent to OMR22 billion at the end of December 2018. (Shutterstock)
February 24th, 2019 - 08:49 GMT

Credit Extended by Banks Exceeds $65 Billion in Oman

The gesture is part of the UAE's wise leadership keenness to ensure decent life for all citizens. (Shutterstock)
February 24th, 2019 - 07:48 GMT

Nearly $100 Million Loans of 3,310 Emiratis Waived Off

During the event
February 21st, 2019 - 12:35 GMT

Burgan Bank Conducts Successful ‘Team-Building Day’ for Employees

Several leading banks have cut the interest rates on deposits by an average of 2 percentage points while others were in the process of doing the same. (Shutterstock)
February 21st, 2019 - 10:29 GMT

Lebanese Banks Mull Reducing Interest Rates on Deposits

Bank Aljazira
February 20th, 2019 - 12:16 GMT

Bank Aljazira to Offer Apple Pay

Majed Essa Al Ajeel, Chairman of Burgan Bank Group
February 20th, 2019 - 06:42 GMT

Burgan Bank Reports Record Profits of Kd82.6 Million in FY 2018, Growth of 26.6 Percent

The latest offer presents premium quality oil incenses and oudh carefully selected from the finest areas in Asia.
February 19th, 2019 - 12:54 GMT

Burgan Bank Customers Can Enjoy 10 Percent Discounts From Atyab Al Marshoud

During the event
February 19th, 2019 - 12:48 GMT

Middle East Payment Services Equips Safwa Islamic Bank With Murabaha System

Emirates NBD delivered a record set of results in 2018, with net profit up 20 per cent year-on-year to Dh10 billion. (Shutterstock)
February 19th, 2019 - 12:04 GMT

Emirates NBD Ranked No.1 UAE Banking Brand, 76th Worldwide

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