Emirates NBD Reports Higher First-Half Profit on Strong Loan Growth

Financial
Emirates NBD delivered stronger financial results during the first half of 2026. Emirates NBD continued expanding its lending business while increasing total income across its operations. The latest performance highlights the bank's steady growth despite ongoing regional uncertainty. The Dubai-based lender reported a net profit of AED12.9 billion during the first six months of 2026. The result represented a three...
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Iraq and Germany Discuss Joint Industrial Fund to Expand Economic Cooperation

Iraq Germany cooperation entered a new phase as leaders discussed ways to expand economic and investment ties. Iraq Germany talks focused on creating new...

Kuwait and Oman Reaffirm Commitment to Expanding Energy and Oil Sector Cooperation

Kuwait Oman relations continued to strengthen as senior officials reaffirmed their commitment to closer cooperation. Kuwait Oman discussions highlighted the importance of expanding collaboration...

FAB Reports Strong First-Half 2026 Earnings as Lending Growth Boosts Operating Income

FAB earnings continued to improve during the first half of 2026 as the bank delivered stronger financial results. Strong lending activity, higher interest income,...
Financial

FAB Reports Strong First-Half 2026 Earnings as Lending Growth Boosts Operating Income

FAB earnings continued to improve during the first half of 2026 as the bank delivered stronger financial results. Strong lending activity, higher interest income, and business growth supported the positive performance across several divisions. First Abu Dhabi Bank announced operating income of Dh19.5 billion for the first six months of 2026. The figure marked a seven percent increase compared with...

Finacial

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Bahrain Launches $530 Million Development Bond With 6.25% Return

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The Bahrain bond issue has opened for investors as authorities launch a new government development offering. This Bahrain bond issue attracts both local and international participation. Investors continue to monitor the Bahrain bond issue for stable fixed-income...
Investment

Kapita Research and Iraq Business News Partner to Boost Iraq Market Intelligence

Iraq market intelligence is set to expand as Kapita Research and Iraq Business News form a strategic partnership. The two organisations signed a Memorandum...
Iraq

Solar Energy Iraq Karbala Launches First Industrial Solar Plant

Solar Energy Iraq takes a major step forward as the country prepares to inaugurate its first industrial-scale solar power plant in Karbala. The launch...
Investment

Kuwait Opens Global Debt Markets with New Law

Kuwait can now borrow from international markets after eight years. A new law increases the public debt ceiling to KD30 billion ($97.4 billion). It...
Financial

Riyadh Capital Launches $400M Real Estate Fund to Develop Transit-Oriented Project Near Al Takhassusi Metro Station

Riyadh Capital launches $400M real estate fund for Riyadh transit project to develop a mixed-use TOD near Al-Takhassusi Metro Station, boosting Saudi investment, urban...
Oil and Gas

Saudi Arabia Restores Key Energy Infrastructure and Stabilizes Oil Supply After Recent Disruptions

Saudi Arabia restored major energy infrastructure after recent attacks affected key production and transport systems. Oil supply has stabilized as the kingdom brought critical...
Financial

Iraq Strengthens Cybersecurity with New Threat Intelligence Partnership

Iraq has taken a bold step to protect its growing digital infrastructure. A new Iraq cybersecurity partnership promises to reinforce national digital defences. This collaboration aims...
Financial

Iraq Banking Sector Secures Major U.S. Compliance Partnership

Iraq has taken a decisive step to reinforce its banking sector through a new professional agreement with U.S.-based consultancy K2 Integrity. The signing took...
Financial

Floating Sales Gallery Launches in Abu Dhabi Waterfront Project

Floating sales gallery appears in Abu Dhabi as MERED introduces Riviera Residences on Al Reem Island. Additionally, the developer launches a waterfront presentation space...
Financial

Qatar’s Fintech Expansion Boosts Digital Banking

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Qatar’s fintech expansion boosts digital banking by driving innovation and advancing financial services. Doha Bank has introduced the Fintech and Innovation Hub to support this transformation. This initiative aligns with Qatar National Vision 2030 and the Qatar Central Bank’s...

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