Banking & Finance

ADCB reports record Q1 2026 profit as growth momentum extends to 19 consecutive quarters

Abu Dhabi Commercial Bank (ADCB) has delivered a strong start to 2026, reporting record profit before tax of AED 3.781 billion, up 30 percent...

ADX welcomes FAB as a general clearing member

The Abu Dhabi Securities Exchange (ADX) Group has expanded its post-trade ecosystem with the addition of First Abu Dhabi Bank (FAB) as a General...

CBD delivers AED 912M Q1 profit with loans above AED 100B

CBD announced its financial results for the first quarter ended 31 March 2026, delivering a solid performance whilst navigating heightened regional uncertainty, and sustaining...

Network International, WooCommerce partner to boost MEA e-commerce

Network International (Network), the fintech company, announced a strategic partnership with WooCommerce, an open-source e-commerce platform. The partnership will empower merchants in the region...

RAKBANK Q1 profit hits AED 1B, well positioned for growth

The National Bank of Ras Al Khaimah (RAKBANK) reported its financial results for the first quarter of 2026. Open for Business, delivering with consistency Across all...

ADIB becomes UAE’s first bank licensed for open finance under AlTareq initiative

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, has become the first bank in the UAE to be licensed as a Third‑Party Provider...

Saudi and UAE firms prioritise AI and supply chain redesign for resilient growth: HSBC Survey

Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East,...

Abu Dhabi Islamic Bank mobilises AED 20.3 billion in sustainable finance, advancing 2030 target

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, has announced that it mobilised and facilitated AED 20.3 billion in sustainable finance by the...

Mashreq offers instant digital cross-border accounts for non-resident Egyptians with free Quick Remit transfers

Mashreq, a financial institution in the MENA region, has announced the launch of a new service for its UAE-based Egyptian customers. For the first...

ADIB Capital launches ADIB Global Healthcare Fund targeting listed healthcare equities

ADIB Capital Limited, located in the DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC and regulated by the DFSA, has launched...

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