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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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Vince Cook, NBF’s CEO, Giving the keynote speech at the opening of the conference.
November 20th, 2018 - 09:54 GMT

National Bank of Fujairah Participates in the 7th ICC UAE Trade Finance Conference

Emirates NBD opens second branch in Riyadh.
November 20th, 2018 - 07:38 GMT

Emirates NBD Opens Second Branch in Riyadh

A break below $4,612 could cause a loss into the range of $4,177-$4,413. (Shutterstock)
November 20th, 2018 - 07:29 GMT

Bitcoin Crashes Below $5,000, All Time Low Since 2017

In the study, researchers at University of Hawaii at Manoa examined how the rapid increase in the use of cryptocurrency like bitcoin would harm the climate. (Shutterstock)
November 20th, 2018 - 07:12 GMT

How Does Bitcoin Mining Affect Climate Change?

“We hope Europe will deliver on what it had promised. This is an internal issue of Europe and we still hope these three European countries will show their true power and find their rightful place,” Foreign Ministry spokesman Bahram Qassemi said at a press conference on Monday. (AFP/File)
November 20th, 2018 - 06:53 GMT

Iran Not Happy With Slow Progress of EU's SPV Implementation

First Batch of Ruwwad Al Hilal Training Programme.
November 19th, 2018 - 12:08 GMT

Al Hilal Bank Graduates 1st Batch of Ruwwad Al Hilal Training Programme

he training programs focused on information and communications technology (ICT), hospitality, and other vital sectors that promote entrepreneurship and SMEs as the backbone of the UAE’s economy.
November 19th, 2018 - 08:28 GMT

Khalifa Fund Holds Series of Training Programs in UAE

Chief Executive of CrediMax, Mr. Yousif Ali Mirza.
November 19th, 2018 - 08:04 GMT

CrediMax’s 8th Year Co-Sponsoring Jewellery Arabia

The bank celebrated National Day with a carnival.
November 18th, 2018 - 11:54 GMT

Bank Sohar Commemorates Oman’s 48th National Day

Suvo Sarkar, Senior Executive Vice President & Group Head, Retail Banking and Wealth Management, Emirates NBD
November 18th, 2018 - 11:44 GMT

Emirates NBD Revamps Fitness App for Dubai Fitness Challenge

The bank conducted two sessions in Nizwa at Imam Mohammed bin Abduallah Al Khalili School and Abu Obaida bin Jarrah for Secondary Education School.
November 18th, 2018 - 09:03 GMT

Bank Nizwa Conducts Two Islamic Finance Knowledge Workshops in Nizwa

UBF has partnered with the Association of Certified Fraud Examiners (ACFE).
November 15th, 2018 - 12:30 GMT

UAE Banks Federation Official Supporter of International Fraud Awareness Week 2018

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