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BUSINESS

BUSINESS latest

FAB delivers 7% growth in H1’26 operating income to AED 19.50 billion and a profit before tax of AED 13.20 billion
July 24th, 2026 - 06:04 GMT

FAB delivers 7% growth in H1’26 operating income to AED 19.50 billion and a profit before tax of AED 13.20 billion

First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026. In Q2’26, profit before tax rose 16% sequentially and 6% year on year to AED 7.08 billion, reflecting the resilience of its diversified business model, disciplined execution, and continued client activity across its franchise. The Group reported a 7% yoy growth in operating income to AED 19.50 billion and a 3% yoy increase in profit before tax to AED 13.20 billion ...
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DMCC Predicts ‘Asian Century’ For Precious Metals As UAE Surpasses UK To Become World’s Second-largest Gold Trade Hub
November 18th, 2024 - 06:13 GMT

DMCC Predicts ‘Asian Century’ For Precious Metals As UAE Surpasses UK To Become World’s Second-largest Gold Trade Hub

Donald Trump and Ayatollah Ali Khamenei
November 17th, 2024 - 08:56 GMT
Osama Ali

Trump aims to revive "Maximum Pressure" policy to isolate and bankrupt Iran

Donald Trump
November 17th, 2024 - 07:46 GMT
Osama Ali

Shale oil pioneer Chris Wright named US energy secretary by Trump

Danube Properties launches exclusive shuttle bus service for its Dubai residents
November 17th, 2024 - 11:24 GMT
Reema Tuqan

Danube Properties launches exclusive shuttle bus service for its Dubai residents

Sharjah Islamic Bank Enhances Employee Awareness on Customer Rights Protection
November 17th, 2024 - 08:55 GMT

Sharjah Islamic Bank Enhances Employee Awareness on Customer Rights Protection

NBB Partners with INJAZ Bahrain to Launch Second Season of Entaliq
November 17th, 2024 - 08:51 GMT

NBB Partners with INJAZ Bahrain to Launch Second Season of Entaliq

Carnegie Mellon Qatar creating AI strategy for future-ready graduates
November 17th, 2024 - 08:43 GMT

Carnegie Mellon Qatar creating AI strategy for future-ready graduates

Boursa Kuwait renews its partnership with the Kuwait Association for the Care of Children in Hospital and Bayt Abdullah Children's Hospice for the seventh consecutive year
November 17th, 2024 - 08:35 GMT

Boursa Kuwait renews its partnership with the Kuwait Association for the Care of Children in Hospital and Bayt Abdullah Children's Hospice for the seventh consecutive year

Apple
November 17th, 2024 - 08:21 GMT
Syndigate

Apple faces $4B lawsuit in UK for alleged iCloud price overcharging

KIB signs strategic partnership agreement with Med Cell to develop 'Salamtek' platform
November 17th, 2024 - 08:21 GMT

KIB signs strategic partnership agreement with Med Cell to develop 'Salamtek' platform

Mansour, The Festival Sets Guinness World Records™ Title for The World’s Largest Ball Pit
November 17th, 2024 - 08:05 GMT

Mansour, The Festival Sets Guinness World Records™ Title for The World’s Largest Ball Pit

wholesale prices
November 17th, 2024 - 08:01 GMT
Syndigate

Germany’s wholesale prices fall in October, slowest pace in 3 months

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