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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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UAE launches largest solar farm to power cryptocurrency mining
December 12th, 2024 - 11:52 GMT
Reema Tuqan

UAE launches largest solar farm to power cryptocurrency mining

Doug Ford
December 12th, 2024 - 10:42 GMT
Syndigate

Doug Ford threatens to cut off energy exports to US if Trump hits Canada with tariff

Samsung Teams Up With Five Home Grown Brands Launching ‘The Flipside Fashion Collection’ Inspired By Modern Culture
December 12th, 2024 - 10:12 GMT

Samsung Teams Up With Five Home Grown Brands Launching ‘The Flipside Fashion Collection’ Inspired By Modern Culture

Fahad Al Hassawi named CEO of the Year for Operators in the Middle East at Telecom Review Excellence Awards
December 12th, 2024 - 09:41 GMT

Fahad Al Hassawi named CEO of the Year for Operators in the Middle East at Telecom Review Excellence Awards

United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE
December 12th, 2024 - 09:23 GMT

United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE

Tesla
December 12th, 2024 - 07:23 GMT
Syndigate

Tesla shares set a new all time high record

World Cup
December 12th, 2024 - 06:57 GMT
Reema Tuqan

How hosting FIFA 2034 World Cup will boost Saudi Arabia's economy?

inflation
December 12th, 2024 - 06:46 GMT
Syndigate

US annual consumer inflation rise by 2.7% in November

airline
December 12th, 2024 - 05:32 GMT
Syndigate

Global airlines revenues predicted to go above $1T next year

Switzerland discloses $112m in frozen Syrian assets
December 11th, 2024 - 10:49 GMT

Switzerland discloses $112m in frozen Syrian assets

China
December 11th, 2024 - 01:42 GMT
Syndigate

China vows for economic reforms and more global cooperation

Trump Tower
December 11th, 2024 - 12:12 GMT
Syndigate

Trump Tower set to rise in Jeddah, boosting Saudi Arabia's real estate market

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