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Tag: UAE Banking

The UAE banking sector is a cornerstone of the national economy, comprising a mix of local and international institutions offering retail, corporate, investment, and Islamic financial services. Banks in the UAE support economic growth through lending, trade finance, wealth management, and capital markets activities. Leading institutions such as Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Commercial Bank, and Dubai Islamic Bank play a critical role in financing infrastructure, businesses, and innovation, while driving digital banking transformation and strengthening the UAE’s position as a regional financial hub.

Ellington Properties and ADCB Roll Out Pre-Approved Home Financing in Dubai

Pre-approved home financing in Dubai

Pre-approved home financing in Dubai picked up a new route this month for anyone eyeing an Ellington Properties home. The boutique developer has partnered with Abu Dhabi Commercial Bank to offer financing that follows a buyer from reservation through handover, whether the unit is still under construction or ready to move into today. Instead of […]

CBUAE’s Financial Stability Report shows UAE bank assets up 17.1% in 2025

CBUAE's Financial Stability Report

CBUAE’s Financial Stability Report puts numbers behind something many people in the UAE already sense: that banks are lending more freely than they did a few years ago. UAE banking sector assets grew 17.1 percent in 2025 to AED5.3 trillion, worth roughly $1.44 trillion. Loans rose faster still, up 17.8 percent. Most of that credit […]

CBI’s first-half 2026 profit jumps 68% on legacy recoveries and loan growth

CBI first half 2026 profit

CBI’s first-half 2026 profit reached AED156 million, up 68 percent from the same period a year earlier. The result at Commercial Bank International rested on a wider balance sheet and money recovered from older accounts. Second-quarter pre-tax net profit came to AED104 million. Recoveries linked to the clearing of legacy accounts lifted the quarter, and […]