Tag: Banking
Islamic Banking as blueprint for regional financial resilience
The GCC stands at an inflection point in financial services development. The region has built world-class regulatory frameworks, attracted significant capital, and created banking...
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...
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...
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...