Oil topping $100 amid Red Sea attacks is rattling markets, affirms the CEO of a top independent financial advisory organisation. Brent crude touched $100.64 a barrel on Thursday, a jump of 7%, while US crude rose to $91.83, up 5.8% after Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea
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.
ADCB, a leading UAE bank, has reported record H1’26 profit before tax of AED7.607 billion ($2.07 billion), up 28% YoY, amid a resilient operating environment in the country.
Saudi Arabia was the region's largest dividend payer, distributing an estimated $24.5 billion during the first quarter and accounting for almost 84% of all Middle East dividends, according to a new report.
Emirates NBD delivered a record financial performance in the first half of 2026, generating AED16.2 billion ($4.41 billion) profit before tax, up 5% year-on-year, fuelled by a 13% increase in net interest income and an impressive 25% growth in non-funded income.
More than half of people getting financial advice will accept AI playing a role in their financial planning, but only if a human being still makes the final decision, according to new research from deVere Group, one of the world’s largest independent financial advisory organisations.
The Global Trading Show, to be held on December 15 and 16 at Emirates Palace, Abu Dhabi, will bring together the full spectrum of the trading world, including the most influential 5,000+ market movers together.
Corporate profitability across the Gulf Cooperation Council (GCC) is expected to come under pressure through the end of 2026 as the prolonged Middle East conflict drives up logistics costs, weakens business confidence and delays investment, according to a new report by S&P Global Ratings.
Kuwait International Bank (KIB), through its Islamic investment arm KIB Invest, participated as a Joint Lead Manager in the pricing of the third issuance of international sukuk for the Saudi Real Estate Refinance Company (SRC), with a total value of $2.75 billion.
The Dubai International Financial Centre (DIFC) will host the third edition of the Future Sustainability Forum (FSF) on November 3, bringing together global business leaders, investors and policymakers to discuss the role of sustainable finance in driving the transition to a low-carbon economy.
