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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
January 8th, 2019 - 12:06 GMT

NBO Headquarters Recognised for Innovation Excellence as Commercial Project of the Year at Dossier Construction’s Awards

During the event
January 8th, 2019 - 09:32 GMT

Burgan Bank Conducts Emergency Evacuation Drill for Staff

The phased growth plan will triple the scale of the financial hub. (Shutterstock)
January 8th, 2019 - 09:02 GMT

DIFC 2.0: Major Contributor to Shaping the Future of the World's Economy

Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term's expiration at the end of 2021, reports CNN. (Shutterstock)
January 8th, 2019 - 08:08 GMT

World Bank President Resigns to Join Private Firm

The Dubai Financial Services Authority
January 7th, 2019 - 12:18 GMT

DFSA Regulatory Sandbox Accepts Seven New Firms Into Its Latest Cohort

During the event
January 6th, 2019 - 10:51 GMT

Bank Nizwa Spearheads Home Financing Solutions With Introduction of Diminishing Musharaka

Jeyapriya Partiban, Partner and Head of Risk Consulting at KPMG in Bahrain
January 6th, 2019 - 10:15 GMT

KPMG in Bahrain to Host a Seminar on Bahrain’s New Personal Data Protection Law

Suvo Sarkar, Senior Executive Vice President
January 6th, 2019 - 10:05 GMT

Emirates NBD Announces VAT-Based Loan Solution for SME Customers

Ameer Abdul Ghani Dairi, Chief Financial Officer
January 6th, 2019 - 09:46 GMT

BisB Appoints Ameer Dairi as Chief Financial Officer

The Association of Banks in Lebanon Friday dismissed as “baseless” two civil lawsuits filed in New York this week against more than 10 Lebanese banks. (Shutterstock)
January 6th, 2019 - 08:59 GMT

U.S. Lawsuits Against 10 Lebanese Banks Dismissed

During the event
January 3rd, 2019 - 10:17 GMT

Sohar International Honoured by Ministry of Social Development

Eman Ali Abdulla Ebrahim, the Head of the Bank’s Central Operations department
January 2nd, 2019 - 08:13 GMT

BisB Appoints Eman Ali Abdulla to Head Its Central Operations

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