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2026-04-24 03:54:01

Whenever there is a ripple in the Middle East, stress testing of the financial system immediately begins.

View Original

CryptoFrontier2026-04-24 03:42:28

UAE's Top Banks Boost Provisions Amid Iran War Outlook

The UAE's two top banks—First Abu Dhabi (FAB) and Emirates NBD (ENBD)—each increased provisions in the first quarter of 2026 as precautionary measures following the outbreak of the Iran war on February 28, according to their Q1 earnings results released April 23, 2026. Despite higher provisions,

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