Banking & Finance

Abu Dhabi Family Business Council signs MOU with ADIB on tailored banking solutions

The Abu Dhabi Family Business Council (ADFBC) announced the signing of a Memorandum of Understanding (MOU) with Abu Dhabi Islamic Bank PJSC (ADIB) to...

UAE’s Sarwa hits $1 billion in assets as retail investing gains scale

Sarwa, one of the GCC’s investment and personal finance platforms, has surpassed $1 billion in client assets under management (AUM), becoming the first homegrown...

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

Abu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the...

botim money and Mastercard expand digital card payments in the UAE

botim money, the financial services arm of botim has expanded its collaboration with Mastercard to power the next phase of its card issuance journey, supporting...

Mashreq delivers strong Q1 2026 performance with AED 3.4 billion operating income and robust balance sheet growth

Mashreq has reported a strong start to 2026, delivering AED 3.4 billion in operating income and AED 2.3 billion in net profit before tax...

ADIB delivers strong Q1 2026 performance as profit and balance sheet growth gain momentum

Abu Dhabi Islamic Bank (ADIB) posted a strong set of first‑quarter results for 2026, supported by balance sheet expansion, resilient income growth and disciplined...

RAKBANK strengthens support for UAE SMEs with expanded financing, relief measures and growth incentives

RAKBANK reaffirmed its long-standing commitment to the UAE’s SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and...

Mashreq and Cashew deepen collaboration to advance embedded lending in the UAE

Mashreq, a financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework...

DIB begins 2026 with strong revenue growth and AED 420 billion in assets

Dubai Islamic Bank (DIB) reported a strong start to 2026, delivering 13 percent year-on-year revenue growth with Q1 operating revenue reaching AED 3.5 billion,...

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...

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