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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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homelessness
December 29th, 2024 - 08:29 GMT
Syndigate

Report says US homelessness rate rose by 18% in 2024

Samsung to unveil Galaxy S25 on January 22
December 29th, 2024 - 08:20 GMT
Reema Tuqan

Samsung to unveil Galaxy S25 on January 22

Big Lots
December 29th, 2024 - 08:00 GMT
Syndigate

Bankrupt Big Lots to keep some stores open under new sale transaction

central banks
December 29th, 2024 - 07:29 GMT
Syndigate

European central banks cut rate as inflation went down

Bitcoin
December 28th, 2024 - 10:12 GMT
Syndigate

Authorities reveal North Korean hackers were behind $308M Bitcoin theft in Japan

Yemen receives $500 million from Saudi Arabia
December 28th, 2024 - 06:04 GMT
Reema Tuqan

Yemen receives $500 million from Saudi Arabia

Jeff Bezos earns FAA license for first rocket launch
December 28th, 2024 - 05:29 GMT
Reema Tuqan

Jeff Bezos earns FAA license for first rocket launch

Meet DeepSeek V3, the new, distinctive AI model
December 27th, 2024 - 09:03 GMT
Reema Tuqan

Meet DeepSeek V3, the new, distinctive AI model

$312,000 jewelry stolen from a department store in Paris
December 27th, 2024 - 07:57 GMT
Reema Tuqan

$312,000 jewelry stolen from a department store in Paris

Turkey lowers interest rate for first time in 2 years
December 26th, 2024 - 10:17 GMT

Turkey lowers interest rate for first time in 2 years

ChatGPT down again for millions of users, OpenAI responds
December 26th, 2024 - 08:50 GMT

ChatGPT down again for millions of users, OpenAI responds

BYD accused of ‘slavery-like conditions’ by Brazilian authorities
December 26th, 2024 - 10:27 GMT
Reema Tuqan

BYD accused of ‘slavery-like conditions’ by Brazilian authorities

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