Tag: #BankingSector
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Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026
Arab Bank Group reported solid results for the first quarter of 2026, with 2% increase in net income after tax reaching $ 275.8 million as compared to $ 271 million for the same period last year. The Group maintained its strong capital base with a total equity of $ 13.1 billion. Compared to the same…
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UAE Banking Sector Strong and Resilient, Says Central Bank Governor
Abu Dhabi (05 March 2026): H.E. Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates, affirmed that the UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability. He noted that banks, financial institutions, and insurance companies across the country are operating normally and continue to…