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The document is a communication from Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. It summarizes the outcomes of the Board of Directors Meeting #3/2026 held on July 23, 2026. The key points include the approval of the minutes from the previous meeting, discussion and approval of the financial statements for the second quarter of 2026, and follow-up on the bank's routine activities with the issuance of related resolutions.
Al Salam Bank and Diyar Al Muharraq have formed a strategic partnership to offer financing solutions for the Al Nuzha residential project in Bahrain. This collaboration aims to facilitate home ownership by providing integrated financing options for purchasing residential plots in Al Nuzha, a new development in Diyar Al Muharraq. The partnership offers clients competitive profit rates, a seamless financing process, a six-month grace period option, and eligibility for additional benefits, enhancing convenience and flexibility for future homeowners. Executives from both organizations emphasized the partnership's role in supporting long-term housing aspirations and contributing to Bahrain's urban development and real estate sector growth.
The Dubai Financial Market (PJSC) will hold an earnings call meeting on Monday, August 3, 2026, at 3:00 PM to discuss the company's financial results for the second quarter, which ended on June 30, 2026. The meeting will be attended by key executives, including the Chief Executive Officer, Hamed Ahmed Ali, and the Chief Financial Officer, Ali Al-Hashimi.
The Dubai Financial Market PJSC has scheduled a Board of Directors' meeting for Thursday, 30 July 2026, at 3:00 PM. The meeting will focus on discussing the company's financial statement for the second quarter ending on 30 June 2026, along with regular matters and any other business.
Emirates NBD reported a record pre-tax profit of AED 16.2 billion for the first half of 2026, marking a 5% year-on-year increase. This growth was driven by a 13% rise in net interest income and a 25% increase in non-funded income. The bank's balance sheet expanded to over AED 1.3 trillion, with gross loans up 17% to AED 771 billion and deposits increasing by 13% to AED 892 billion. The acquisition of RBL Bank contributed AED 74 billion in total assets, AED 44 billion in gross loans, and AED 43 billion in deposits. Key financial metrics included a net interest margin of 3.25%, a cost-to-income ratio of 29.9%, a non-performing loan ratio of 2.1%, and a CET-1 ratio of 13.6%.
The document is the Group Condensed Consolidated Interim Financial Statements for Emirates NBD Bank (P.J.S.C.) for the six-month period ending on June 30, 2026.