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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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Mr. Ahmad Al Amir, Assistant General Manager for External Communications, Gulf Bank
November 7th, 2018 - 12:51 GMT

Countdown to the Gulf Bank 642 Marathon Begins

UAE-based IIB Chairman HE Saeed Abdul Jalil Al Faheem
November 7th, 2018 - 11:48 GMT

International Investment Bank Announces Successful Exit From Aircraft Investment, Achieving 18 Percent IRR

FAB’s merchant portal also gives clients the ability to measure and compare the performance of brands, products, stores and any other areas they might like to focus on for insights.
November 7th, 2018 - 10:21 GMT

FAB Launches AI Analytics Portal for Merchants in Partnership With Al-Futtaim

Attendees during the event
November 7th, 2018 - 07:56 GMT

KPMG in Bahrain Celebrates Its’ 50th Anniversary

Hanadi Khalife, director of MEA and India operations at IMA
November 7th, 2018 - 07:36 GMT

IMA Selects Top Students From the Region to Attend the Student Leadership Conference Held in the United States

During the event
November 6th, 2018 - 01:11 GMT

Bank Sohar Supports Oman Hereditary Blood Disorder Association

NBO’s hackathon is a commitment to supporting the spirit of innovation and empowering Oman’s young and talented minds.
November 6th, 2018 - 01:06 GMT

National Bank of Oman Goes Into Lock-Down for 24 Hour Annual Hackathon

Mr. Khalid Al Kayed, CEO of Bank Nizwa
November 6th, 2018 - 12:33 GMT

Bank Nizwa Organizes Special Event for Its Wealth Management Customers at Bait Al Zubair

It also began training its employees in mid-October on the proper use of these potentially life-saving devices.
November 6th, 2018 - 11:53 GMT

Al Hilal Bank Launches an Initiative to Provide Automated External Defibrillators

The UAE banks have added 1,116 workers year-to-date with local banks hiring 1,176 while foreign banks shedding 60 workers in the first 9 months of 2018. (Shutterstock)
November 6th, 2018 - 08:16 GMT

These Are the UAE Banks That Are Hiring and Firing

All products and services will remain the same under the FAB Islamic brand. (File/ photo)
November 6th, 2018 - 07:49 GMT

FAB Enters the Islamic Banking Arena

Mr. Hassan Jarrar, Chief Executive Officer of Bahrain Islamic Bank
November 6th, 2018 - 05:42 GMT

Bahrain Islamic Bank (BisB) Achieves 6.9 Million Dinars in 9 Months

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