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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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Jean Christophe Durand, NBB CEO
November 12th, 2018 - 11:28 GMT

NBB Supports the Kingdom’s Vision as It Continues to Grow as a Leading Business and Aviation Hub

Ahmadi Music Group - Burgan Bank
November 12th, 2018 - 10:37 GMT

Burgan Bank Renews Sponsorship of Ahmadi Music Group’s 2018 – 2019 Season Performances

Nasdaq Dubai provides IsDB and its other regional and international issuers with a first class listing infrastructure as well as close links to investors around the world. (Shutterstock)
November 12th, 2018 - 08:22 GMT

Nasdaq Dubai Approves Listing of a 650 Million Euro Sukuk

Government Financial Policy Coordination Council’s third meeting of 2018
November 12th, 2018 - 06:45 GMT

MoF Holds the Government Financial Policy Coordination Council’s Third Meeting of 2018

During the event
November 11th, 2018 - 11:52 GMT

Emirates NBD Recognized as ‘The Innovator’ in the Middle East by Global Finance

Ribbon Cutting Ceremony with Alex Coelho
November 11th, 2018 - 11:46 GMT

Al Hilal Bank Launches Deerfields Mall Branch

The bank proudly announces the lucky 5 winners who received 1000 KWD each.
November 11th, 2018 - 09:02 GMT

Warba Bank Announces 5 Winners of 'Al Sunbula' Weekly Draw

Held at the Bank’s headquarters, the event brought together NBO customers, start-ups, successful entrepreneurs and SMEs to share their personal journeys.
November 11th, 2018 - 07:33 GMT

National Bank of Oman’s 'Tijarat' Speaker Series Arms SMEs With Practical Business Knowledge

Mr. Yousif Ali Mirza, Chief Executive of CrediMax.
November 11th, 2018 - 07:28 GMT

CrediMax, Official Acquirer for Bahrain International Airshow 2018

Strong capital levels provide a large, loss-absorbing buffer for the UAE's banks. Moody's expects strengthening profitability to support capital levels, with sector-wide tangible common equity (TCE) at 14%-15% of risk-weighted assets over the next 12 to 18 months. (Shutterstock)
November 11th, 2018 - 04:48 GMT

Report: UAE Banking System Stable for Now

The Expo was officially inaugurated by His Excellency Dr. Nasser Al-Daoud Deputy Minister of Interior.
November 8th, 2018 - 08:44 GMT

Bahri Reinforces Commitment to Saudi Arabia’s Security With Participation in SNSR Expo

n his speech, HE al-Muraikhi thanked the government of Norway for hosting the GFF Replenishment event, in partnership with the government of Burkina Faso, Bill and Melinda Gates Foundation and the World Bank Group. (Gulf Times)
November 8th, 2018 - 03:49 GMT

Global Financing Facility to Receive $30 Million From Qatar

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