ADCB, a leading UAE-based bank, has confirmed that its systems have now been fully available and stable, without any deterioration or disruption for the past four days, with heavy load and record transaction volumes.
Emirates NBD, a leading banking group, has announced that it has received all requisite approvals for its landmark acquisition of a majority controlling stake in India’s RBL Bank Limited (RBL) with the approval of the Government of India for the deal.
National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BHD20.6 million ($54.6 million) for the first quarter ended March 31, 2026, representing a 27% decrease from BHD28.1 million ($74.5 million) reported in the first quarter of 2025 or a 2% increase from the normalised 2025 profit of BHD20.2 million ($53.6 million).
Bank ABC (Arab Banking Corporation) today delivered a resilient start to 2026, reporting a first quarter net profit attributable to the shareholders of the parent of $52 million.
Sharjah Islamic Bank (SIB) today announced the successful completion of its AED2.59 billion ($705.24 million) rights issue, which saw an oversubscription of 3.2 times.
Even as AI spending surges, few banks have established the necessary governance and guardrails – and nearly half misjudge their own AI readiness, says a study.
Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).
Qatari banks had strong capital and liquidity buffers, as well as provision coverage, before the Iran conflict, and asset-quality metrics were sound. But the country's banking sector operating environment could weaken under adverse scenarios for the Iran conflict, warned a top Fitch official.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has reported an operating profit of AED1.1 billion ($299.52 million) for the quarter ending March 31, 2026, 7% growth over the same period last year.
Emirates NBD, in line with the resilient operating environment in the UAE, reported a profit before tax of AED8.2 billion ($2.23 billion) for the first quarter of 2026, up 6% yoy, driven by strong balance sheet growth, resilient margins and record non-funded income growth.
