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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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Bank ABC Islamic declared Best Islamic Financial Institution in Bahrain for the second consecutive year
December 5th, 2024 - 05:01 GMT

Bank ABC Islamic declared Best Islamic Financial Institution in Bahrain for the second consecutive year

du and Telefónica forge strategic partnership to accelerate innovation and foster mutual business growth
December 5th, 2024 - 04:47 GMT

du and Telefónica forge strategic partnership to accelerate innovation and foster mutual business growth

Amazon joins the AI race with Nova models
December 4th, 2024 - 10:08 GMT

Amazon joins the AI race with Nova models

Vatican unveils New Mercedes electric Popemobile
December 4th, 2024 - 08:45 GMT

Vatican unveils New Mercedes electric Popemobile

Volkswagen
December 4th, 2024 - 01:42 GMT
Syndigate

Nine Volkswagen plants go on strike, rift with management

exports
December 4th, 2024 - 12:12 GMT
Syndigate

Türkiye's exports reach down to $22.3B in November

Germany unveils $2.5M golden Christmas tree
December 4th, 2024 - 10:28 GMT
Reema Tuqan

Germany unveils $2.5M Christmas tree made of pure gold

Aramco
December 4th, 2024 - 10:12 GMT
Syndigate

Aramco manage to acquire 10% stake in HORSE Powertrain

 Samsung Project Infinity: The Team Keeping You Safe Online
December 4th, 2024 - 08:30 GMT

Samsung Project Infinity: The Team Keeping You Safe Online

Dubai Chambers signs MoU with HSBC to support expansion of companies locally and globally
December 4th, 2024 - 08:23 GMT

Dubai Chambers signs MoU with HSBC to support expansion of companies locally and globally

Huawei to Unveil Next-Generation Foldable Smartphone at Dubai Launch Event
December 4th, 2024 - 07:44 GMT

Huawei to Unveil Next-Generation Foldable Smartphone at Dubai Launch Event

Uber launches 'Uber by Woman' service in Paris
December 4th, 2024 - 06:21 GMT
Reema Tuqan

Uber launches 'Uber by Woman' service in Paris

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