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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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Commodity prices
December 18th, 2024 - 12:12 GMT
Syndigate

Commodity prices mixed during the geopolitical risks last week

Charles de Gaulle watch sells for $525K at auction
December 18th, 2024 - 11:08 GMT
Reema Tuqan

Charles de Gaulle watch sells for $525K at auction

China
December 18th, 2024 - 10:12 GMT
Syndigate

China's retail trade rise below expectations by 3%

Alibaba sells Intime stores for $1B
December 18th, 2024 - 07:52 GMT
Reema Tuqan

Alibaba sells Intime stores for $1B

Musk
December 18th, 2024 - 06:06 GMT
Khaled S.

Elon Musk: Please stop using hashtags on X, they look ugly

TEKCE redefines real estate with personalised PropTech services
December 18th, 2024 - 05:50 GMT

TEKCE redefines real estate with personalised PropTech services

Honda and Nissan in talks to merge into single holding company
December 17th, 2024 - 09:32 GMT

Honda and Nissan in talks to merge into single holding company

Meta fined €251m over Facebook data breach in Ireland
December 17th, 2024 - 08:49 GMT

Meta fined €251m over Facebook data breach in Ireland

UAE government partners with Space42 in $5.06B deal
December 17th, 2024 - 11:43 GMT
Reema Tuqan

UAE government partners with Space42 in $5.06B deal

More than SAR 10M prize funding awarded to Global Prize Innovation in Desalination winners to advance solutions that address global water scarcity
December 17th, 2024 - 10:35 GMT

More than SAR 10M prize funding awarded to Global Prize Innovation in Desalination winners to advance solutions that address global water scarcity

Egypt
December 17th, 2024 - 08:11 GMT
Syndigate

Egypt sees 181% growth in financial inclusion over past 8 years

unemployment rate
December 17th, 2024 - 07:44 GMT
Syndigate

UK unemployment rate remains stable at 4.3%

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