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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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The event came to a close with a cake cutting ceremony in celebration of the Nation’s 48th National Day.
November 27th, 2018 - 06:29 GMT

Bank Sohar Names 45 Lucky Winners in Al Mumayaz Savings Scheme Monthly Draws

Deloitte hired over 700 Arab and expatriate graduates and experienced professionals in the Middle East in the last year.
November 27th, 2018 - 05:53 GMT

Deloitte Middle East Announces Admission of 30 New Partners, Directors and Principals

The winner with Mr. Subah Al Zayani and representatives from KFH-Bahrain and Marassi Al Bahrain
November 26th, 2018 - 12:53 GMT

KFH-Bahrain Announces Mr. Hamed Mohamed Abdulla As Libshara’s October Grand Prize Winner

Bank ABC in London has successfully arranged and closed a GBP £250m senior residential development facility for a consortium of institutional and high net worth investors from the Gulf and Europe.
November 26th, 2018 - 12:48 GMT

Bank ABC Arranges GBP 250 Million of Shari’a-Compliant Finance for a Landmark Residential Development Overlooking Regent’s Park

The bank is inviting citizens and residents to visit purpose-built installations depicting key values of the oath laid out at popular locations across the UAE.
November 26th, 2018 - 10:21 GMT

Emirates NBD Celebrates 47th UAE National Day

The initiative is the result of the collaboration of Al Hilal Bank Digital Transformation team with Jibrel Network.
November 26th, 2018 - 09:12 GMT

Al Hilal Bank Executes the World’s First Blockchain Sukuk Transaction

The Egyptian government also focused on digital transformation as one of the most prominent files, aiming to provide excellent services to the citizens electronically. (Shutterstock)
November 26th, 2018 - 05:48 GMT

What Is Holding Back Egypt's Fintech Success?

To protect customers, Bitex UAE utilises a multi-signature HD wallet to store digital currencies. (Shutterstock)
November 26th, 2018 - 05:39 GMT

You Can Now Trade in Bitcoin Currencies in the UAE

National Bank of Oman
November 25th, 2018 - 12:55 GMT

National Bank of Oman Celebrates 48 Years of Prosperity With Lucky Al Kanz Winners

Al Barsha Mall Opening
November 25th, 2018 - 12:24 GMT

Al Hilal Bank Opens Latest Branch at Al Barsha Mall, Dubai

Phil Gandier, MENA Transaction Advisory Services Leader, EY
November 25th, 2018 - 12:07 GMT

Mena Announced Deal Value Increases 105 Percent in Q3 2018

The first promotion that is running for 48 days till 4 January 2019 will reward the three most frequent Bank Sohar credit card users with a two night stay at Anantara Al Jabal Al Akhdar Resort.
November 25th, 2018 - 11:30 GMT

Bank Sohar Introduces Two Credit Card Promotions

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