Abu Dhabi-based Investcorp Capital has reported a sharp decline in its annual profit for the fiscal year ended June 30, 2026 which fell to $44 million from $81 million last year as higher financing costs and timing of private market exits weighed on earnings.
ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company, has delivered solid results for the second quarter with a net income of $665 million, above the guidance range of $400-600 million, thus reflecting strong operational performance in a challenging operating environment.
National Bank of Bahrain (NBB) has reported a net profit attributable to shareholders of BD22.5 million ($59.7 million) for the second quarter ended 30 June 2026, representing a record second quarter profit and 16% increase from BD19.4 million ($51.5 million) reported in the second quarter of 2025.
Franklin Templeton, one of the world’s largest global asset managers, said investors should expect a prolonged period of more divergent investment outcomes across markets, with increasingly uneven performance across asset classes and strategies, as global markets adapt to structural shifts in interest rates, capital allocation and technology adoption.
Leading UAE bank Emirates NBD has reported a 4% jump in its profit before tax for the first nine months which hit AED24.3 billion ($6.6 billion), while its income soared to hit a record AED42.2 billion ($11.4 billion), up 15% year-on-year despite higher impairment and hyperinflation charges.
