UAE – Major UAE banks on Thursday strong earnings in first half of 2022 as business sentiments improve in the country despite geopolitical challenges, global recession fears, inflation concerns and economic slowdown of major economies.
First Abu Dhabi Bank (FAB), the biggest lender in the UAE, reported a 50 per cent jump in first-half net profit to Dh8 billion despite heightened global market volatility.
Hana Al Rostamani, group CEO at FAB,…