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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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NBO's Ibtikar event.
December 23rd, 2018 - 01:51 GMT

National Bank of Oman Hosts 5th Annual Ibtikar Competition

NBO's Ibtikar event.
December 23rd, 2018 - 01:50 GMT

National Bank of Oman Hosts 5th Annual Ibtikar Competition

The Bank’s authorized capital ceiling was raised from KD 250,000,000 to KD 400,000,000 and it to be utilized in the future as needed.
December 23rd, 2018 - 11:52 GMT

Burgan Bank Increases Authorized Capital in Its 34th Extra-Ordinary General Meeting

Al Hilal Bank
December 23rd, 2018 - 11:50 GMT

Al Hilal Bank Launches Accelerated 'Straight Through Processing' for Fund Transfers

 A signing ceremony cementing the agreement took place with participation of Mr. Khalid Al Kayed, CEO of Bank Nizwa and Sayyida Rawan Ahmed Al Said, managing director and CEO of Takaful Oman Insurance.
December 23rd, 2018 - 11:38 GMT

Bank Nizwa Partners With Takaful Oman to Offer Shari’a-Compliant Car Insurance

Jamal Fakhro, KPMG in Bahrain’s Managing Partner
December 23rd, 2018 - 07:26 GMT

KPMG Global Revenues Grow to Record $29 Billion

The 2-day workshop aimed to upgrade the capabilities of CSR managers across Kuwait.
December 23rd, 2018 - 06:05 GMT

Burgan Bank Employees Attend Exclusive Workshop on 'Planning for Impact - Frameworks for CSR Initiatives'

Lebanese banks were the main subscribers to these bonds. (Shutterstock)
December 20th, 2018 - 11:36 GMT

Two Treasury Bills Worth $1.3 Billion Issued in Lebanon

The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points. (Shutterstock)
December 20th, 2018 - 08:05 GMT

Interest Rates Soars in UAE Following US Federal Reserve Decision

The message directs receivers to a malicious website. (Pixabay)
December 20th, 2018 - 07:59 GMT

UAE Central Bank Warns Residents From Opening a WhatsApp Message

During the event
December 20th, 2018 - 06:43 GMT

NBO Wins Prestigious Citi 'Straight Through Processing' Excellence Award

Contactless payment solutions like Fitbit Pay and Garmin Pay use near field communication (NFC) technology to transmit card information, which replaces the need to authenticate via chip and pin. (Shutterstock)
December 19th, 2018 - 10:41 GMT

Wearables Gain Traction in UAE As Emirates NBD Supports Fitbit Pay and Garmin Pay

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