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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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 Azizi Developments' Riviera Beachfront reaches 46% construction milestone
January 19th, 2025 - 07:47 GMT

Azizi Developments' Riviera Beachfront reaches 46% construction milestone

A list of apps shutting down with TikTok amid US ban
January 19th, 2025 - 07:25 GMT
Reema Tuqan

A list of apps shutting down with TikTok amid US ban

Markaz: GCC IPOs raise USD 13.2 billion in 2024
January 19th, 2025 - 07:20 GMT

Markaz: GCC IPOs raise USD 13.2 billion in 2024

Burgan Bank signs purchase agreement to acquire United Gulf Bank in Bahrain
January 19th, 2025 - 06:58 GMT

Burgan Bank signs purchase agreement to acquire United Gulf Bank in Bahrain

Trump launches new $TRUMP cryptocurrency
January 18th, 2025 - 10:12 GMT
Reema Tuqan

Trump launches new $TRUMP cryptocurrency

Starbucks to cut jobs as part of turnaround strategy
January 18th, 2025 - 08:41 GMT
Reema Tuqan

Starbucks to cut jobs as part of turnaround strategy

 TikTok faces shutdown in U.S. as supreme court upholds ban, big tech grapples with fallout
January 18th, 2025 - 05:41 GMT
Mansour Al-Maswari

TikTok faces shutdown in U.S. as supreme court upholds ban

Electric car battery prices are expected to fall increasingly in 2025
January 17th, 2025 - 12:20 GMT
Reema Tuqan

Electric car battery prices are expected to fall increasingly in 2025

SpaceX's Starship explodes during test launch
January 17th, 2025 - 11:33 GMT
Reema Tuqan

SpaceX's Starship explodes during test launch

Kia to ‘electrify’ Australian Open 2025 with electric and hybrid vehicles
January 16th, 2025 - 01:41 GMT

Kia to ‘electrify’ Australian Open 2025 with electric and hybrid vehicles

KIB concludes its sponsorship of FORMA HYROX fitness competition
January 16th, 2025 - 01:25 GMT

KIB concludes its sponsorship of FORMA HYROX fitness competition

DHL Launches Comprehensive Logistics Facility at Muscat International Airport in Oman
January 16th, 2025 - 01:15 GMT

DHL Launches Comprehensive Logistics Facility at Muscat International Airport in Oman

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