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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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OpenAI considers building a humanoid robot
December 26th, 2024 - 08:05 GMT
Reema Tuqan

OpenAI considers building a humanoid robot

Electric vehicles
December 26th, 2024 - 08:03 GMT
Syndigate

Electric vehicles predicted to make up 30% of Turkey's auto market

Bitcoin
December 26th, 2024 - 07:46 GMT
Syndigate

Russia tto start using Bitcoin for international payments

natural gas
December 26th, 2024 - 07:06 GMT
Syndigate

Egypt and Jordan discuss collaborations in energy and natural gas

Japan to boost nuclear power as electricity demand rises
December 25th, 2024 - 09:51 GMT

Japan to boost nuclear power as electricity demand rises

IMF, Egypt finalize $1.2 Billion loan agreement
December 25th, 2024 - 08:35 GMT

IMF, Egypt finalize $1.2 Billion loan agreement

Oil prices
December 25th, 2024 - 01:42 GMT
Syndigate

Oil prices climb up on US growth data

Best certificate programs for high-paying jobs in 2025
December 25th, 2024 - 01:12 GMT
Reema Tuqan

Best certificate programs for high-paying jobs in 2025

Nordstrom
December 25th, 2024 - 12:12 GMT
Syndigate

Nordstrom go private for $6.25 billion with help of Mexican company

crude steel
December 25th, 2024 - 10:12 GMT
Syndigate

Global crude steel production sees growth in end of year

Iran lifts ban on Google Play and WhatsApp
December 25th, 2024 - 09:25 GMT
Reema Tuqan

Iran lifts ban on Google Play and WhatsApp

Saudi KHC acquires $400M in xAI
December 25th, 2024 - 08:21 GMT
Reema Tuqan

Saudi KHC acquires $400M in xAI

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