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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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du and Unilever forge strategic collaboration to transform warehousing and supply chain operations in the UAE
December 10th, 2024 - 09:47 GMT

du and Unilever forge strategic collaboration to transform warehousing and supply chain operations in the UAE

Dubai International Chamber arranges 308 business meetings in Kampala to enhance cooperation between companies from Dubai and Uganda
December 10th, 2024 - 09:36 GMT

Dubai International Chamber arranges 308 business meetings in Kampala to enhance cooperation between companies from Dubai and Uganda

Samsung Pay officially launches in Saudi Arabia
December 10th, 2024 - 09:35 GMT
Reema Tuqan

Samsung Pay officially launches in Saudi Arabia

Ooredoo Strengthens Connectivity in Duqm with New Strategic Partnerships
December 10th, 2024 - 09:18 GMT

Ooredoo Strengthens Connectivity in Duqm with New Strategic Partnerships

AJi Group Wins Three Prestigious Awards in Design and Engineering in the Middle East for 2024
December 10th, 2024 - 08:47 GMT

AJi Group Wins Three Prestigious Awards in Design and Engineering in the Middle East for 2024

Air India
December 10th, 2024 - 08:23 GMT
Syndigate

Air India expands its fleet with 100 more Airbus aircraft

Ready, set, pre-order: Cadillac’s most iconic SUV is set to arrive in the Middle East
December 10th, 2024 - 08:08 GMT

Ready, set, pre-order: Cadillac’s most iconic SUV is set to arrive in the Middle East

Cisco named a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service (UCaaS)
December 10th, 2024 - 07:54 GMT

Cisco named a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service (UCaaS)

inflation rate
December 10th, 2024 - 07:54 GMT
Syndigate

Germany's annual inflation rate reach 2.2% in November

Boeing
December 10th, 2024 - 07:22 GMT
Syndigate

Boeing set to lay off 396 of its employees

Meta faces around $1B tax demand from Italy
December 10th, 2024 - 06:55 GMT
Reema Tuqan

Meta faces around $1B tax demand from Italy

Tesla Model Q, affordable EV rumored for 2025
December 9th, 2024 - 09:29 GMT

Tesla Model Q, affordable EV rumored for 2025

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