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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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Deloitte Middle East upgrades Tax and Legal Gen AI solution and enhances offerings to accelerate AI adoption
January 8th, 2025 - 04:33 GMT

Deloitte Middle East upgrades Tax and Legal Gen AI solution and enhances offerings to accelerate AI adoption

Maserati Together with Key Technology and Audio Partners Showcase Italian Excellence and Innovation with MC20 Cielo and Grecale SUV at CES 2025
January 8th, 2025 - 03:33 GMT

Maserati Together with Key Technology and Audio Partners Showcase Italian Excellence and Innovation with MC20 Cielo and Grecale SUV at CES 2025

“ADIB Ventures” and DIFC Innovation Hub Unveil Generative AI Innovation Challenge Winner
January 8th, 2025 - 03:27 GMT

“ADIB Ventures” and DIFC Innovation Hub Unveil Generative AI Innovation Challenge Winner

Al Masaood Group and Deep International Forge Strategic Partnership to Advance Oil & Gas Solutions
January 8th, 2025 - 03:09 GMT

Al Masaood Group and Deep International Forge Strategic Partnership to Advance Oil & Gas Solutions

stc pay Bahrain leverages Mastercard Move to enable secure money transfers to China’s Alipay
January 7th, 2025 - 02:38 GMT

stc pay Bahrain leverages Mastercard Move to enable secure money transfers to China’s Alipay

du announces appointment of Amna Al Akraf as Chief Internal Audit
January 7th, 2025 - 02:24 GMT

du announces appointment of Amna Al Akraf as Chief Internal Audit

McDonald’s releases a new menu today with $1 deals
January 7th, 2025 - 11:43 GMT
Reema Tuqan

McDonald’s releases a new menu today with $1 deals

Enron
January 7th, 2025 - 11:08 GMT
Khaled S.

Is the Enron Egg real? World's first micro nuclear reactor

Nvidia unveils RTX 5090 and RTX 5080 GPUs
January 7th, 2025 - 06:55 GMT
Reema Tuqan

Nvidia unveils RTX 5090 and RTX 5080 GPUs

Burgan Bank
January 7th, 2025 - 06:54 GMT

Burgan Bank Announces 89% Participation Rate in the Great Place to Work® Employee Engagement Survey

MG Motor
January 7th, 2025 - 06:51 GMT

MG Motor Launches the New MG HS: A Bold Step in the Middle East’s Mid-Size SUV Segment

Samsung unveils smart TVs with AI translation features
January 6th, 2025 - 12:40 GMT
Reema Tuqan

Samsung unveils smart TVs with AI translation features

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