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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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Dubai Culture Expands its Creative Legacy with Eight MENA Stevie Awards
January 26th, 2025 - 09:25 GMT

Dubai Culture Expands its Creative Legacy with Eight MENA Stevie Awards

The $4M Bugatti hybrid V16: a luxury revolution
January 26th, 2025 - 08:58 GMT
Reema Tuqan

The $4M Bugatti hybrid V16: a luxury revolution

LG announces fourth-quarter  and full-year 2024 financial results
January 26th, 2025 - 08:47 GMT

LG announces fourth-quarter and full-year 2024 financial results

 Emirates resumes flights to Beirut from 1 February
January 26th, 2025 - 06:56 GMT

Emirates resumes flights to Beirut from 1 February

LG to Showcase Its Cutting-Edge Medical Display Solutions at Arab Health 2025
January 26th, 2025 - 06:50 GMT

LG to Showcase Its Cutting-Edge Medical Display Solutions at Arab Health 2025

Jazeera Airways Introduces New Summer Hotspots
January 26th, 2025 - 06:41 GMT

Jazeera Airways Introduces New Summer Hotspots

Google launches new updates to improve Android phones
January 25th, 2025 - 05:48 GMT
Reema Tuqan

Google launches new updates to improve Android phones

Meta plans to roll out ads on Threads soon
January 24th, 2025 - 07:17 GMT
Reema Tuqan

Meta plans to roll out ads on Threads soon

Winners of the Sixth “TRT World Citizen Awards” Announced
January 24th, 2025 - 06:23 GMT

Winners of the Sixth “TRT World Citizen Awards” Announced

Who will buy TikTok in the US? A list of potential acquirers
January 24th, 2025 - 04:49 GMT
Reema Tuqan

Who will buy TikTok in the US? A list of potential acquirers

CNN to cut 200 jobs in shift toward digital future
January 23rd, 2025 - 03:44 GMT
Mansour Al-Maswari

CNN to cut 200 jobs in shift toward digital future

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history
January 23rd, 2025 - 01:45 GMT

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history

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