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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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Fuel shortage forces Iran to impose power cuts
November 11th, 2024 - 06:22 GMT
Reema Tuqan

Fuel shortage forces Iran to impose power cuts

Cleveland Clinic Abu Dhabi performs UAE’s first robotic mastectomy; in an effort to reduce the burden of breast cancer on patients
November 11th, 2024 - 06:19 GMT

Cleveland Clinic Abu Dhabi performs UAE’s first robotic mastectomy; in an effort to reduce the burden of breast cancer on patients

Gold prices in Jordan Today 11 November, Monday
November 11th, 2024 - 05:24 GMT
Al Bawaba Staff

Gold prices in Jordan Today 11 November, Monday

Gold prices in Riyadh Today 11 November 2024
November 11th, 2024 - 05:24 GMT
Al Bawaba Staff

Gold prices in Riyadh Today 11 November 2024

Gold prices in Qatar Today Monday, November 10 2024
November 11th, 2024 - 05:24 GMT
Al Bawaba Staff

Gold prices in Qatar Today Monday, November 11 2024

Gold prices in Dubai Today Monday November 11, 2024
November 11th, 2024 - 05:24 GMT
Al Bawaba Staff

Gold prices in Dubai Today Monday November 11, 2024

Porsche Centre Kuwait launches the new all-electric Macan: redefining luxury & power
November 11th, 2024 - 05:15 GMT

Porsche Centre Kuwait launches the new all-electric Macan: redefining luxury & power

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
November 11th, 2024 - 05:10 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

LuLu Exchange Oman Expands Network with 3 New Centers
November 11th, 2024 - 04:54 GMT

LuLu Exchange Oman Expands Network with 3 New Centers

Boursa Kuwait continues to promote financial literacy as the first strategic partner of the CFA Institute’s Research Challenge
November 11th, 2024 - 04:48 GMT

Boursa Kuwait continues to promote financial literacy as the first strategic partner of the CFA Institute’s Research Challenge

TSMC halts advanced AI chips to China as US investigates policy breach
November 10th, 2024 - 08:22 GMT

TSMC halts advanced AI chips to China as it investigates policy breach

Bitcoin hits record $80,000 pushed by Trump’s victory
November 10th, 2024 - 06:11 GMT

Bitcoin hits record $80,000 pushed by Trump’s victory

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