UAE Burooj earnings drop 27% in H1 2026

First Abu Dhabi Bank recorded a 27% decrease in its profits in the first half of 2026, reaching $344.21 million compared to $470.49 million in the same period in 2025. The company's revenues also declined by 5%, totaling $2.58 billion. In the first quarter of 2026, the company experienced a 44% drop in profits, amounting to $154.7 million versus $278.8 million in the first quarter of 2025, reflecting a 17% decrease in revenues to $1.17 billion.

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