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Banking

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...

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...

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 appoints Hakim Karoui as Global Head of Wholesale Banking Group

Abu Dhabi Islamic Bank (ADIB), an financial institution, has announced the appointment of Hakim Karoui as Global Head of its Wholesale Banking Group (WBG),...

Study: Only 11% of banks have cracked the code on trustworthy AI

In banking, trust isn't optional – it's everything. Yet, even as banks accelerate AI investment faster than other sectors, most are deploying AI without...

DIB shareholders approve AED 2.53 billion cash dividend at annual general assembly

DIB, a global Islamic financial group in the UAE, convened its Annual General Assembly (AGM), during which shareholders reviewed and approved all agenda items...

RAKBANK’s credit ratings reaffirmed by Moody’s with positive outlook maintained

Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18...

Cairo Amman Bank and Fuze to drive digital assets innovation after MoU agreement

Cairo Amman Bank PSC and Fuze, MENA’s regulated digital assets infrastructure provider, have signed a Memorandum of Understanding (MoU) to collaborate on innovating new...

Abu Dhabi Islamic Bank launches “Sanadna” to support frontline heroes with financial relief and banking benefits

Abu Dhabi Islamic Bank (ADIB) has launched “Sanadna”, a dedicated initiative to support the nation’s frontline personnel, recognising those who continue to serve and...

Clarity and Optimisation

What signs do you see of the growing status or importance of cash management across our region? From a regulatory standpoint, we are seeing the...

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