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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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He discovered that his registered SIM card number was replaced with another one. (Shutterstock)
December 19th, 2018 - 09:50 GMT

Expat Loses $1 Million From Bank Account in UAE

Mr Aziz Jahdhami, Assistant General Manager & Head of Wealth Management.
December 18th, 2018 - 01:14 GMT

Bank Sohar Appoints Aziz Al Jahdhami as AGM & Head of Wealth Management

The signing ceremony took place at CrediMax HQ
December 18th, 2018 - 12:56 GMT

CrediMax and Travelex Bahrain Wll MaxWallet Partnership

The Egyptian banks’ digital wallets are serving around 10.5 million clients across the country. (Shutterstock)
December 18th, 2018 - 08:02 GMT

Egypt Bank Issues 12 Million Digital Wallets to Date

Al Hilal Bank, the progressive Islamic Bank headquartered in Abu Dhabi, has announced the completion of its Data Transformation Programme.
December 18th, 2018 - 07:09 GMT

Al Hilal Bank Launches Data Transformation Programme In Record Time

During the event
December 18th, 2018 - 06:56 GMT

Bank Nizwa Unites Scholars and Industry Experts at First International Shari’a Conference

Accepting the awards on behalf of the Group was Mr. Mohammed Abdulmalik, the Chief Placement Officer.
December 17th, 2018 - 12:25 GMT

GFH Awarded Best Investment Bank- Middle East

NBO - Badeel Family Launch.
December 17th, 2018 - 12:20 GMT

National Bank of Oman Puts Customers in Control With Badeel Family

Travel with Any Airline and pay later.
December 17th, 2018 - 12:01 GMT

Bank Sohar Offers Easy Payment Plans on Airline Booking

The agreement was signed by Rashed Ali Al Ansari, General Manager of Al Ansari Exchange, and Saeed Al Fahim, CEO, Stratum, in the presence of a number of senior officials from both sides.
December 17th, 2018 - 09:24 GMT

Al Ansari Exchange Signs Agreement With Stratum to Provide Property Owners Easy Payment Method

(Shutterstock)
December 17th, 2018 - 08:26 GMT

UAE Announces New Structure for Central Bank

The approval of the Central Bank of Kuwait should be obtained if ownership exceeds 5 percent of the bank’s capital. (Shutterstock)
December 17th, 2018 - 08:12 GMT

Foreigners Can Now Own a Bigger Share of Kuwait's $39 Billion Banking Sector

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