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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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Al Bawaba
March 11th, 2009 - 03:09 GMT

Risk Appetite Holds Up Overnight Despite Weaker Data (Morning Slices)

Al Bawaba
March 11th, 2009 - 02:17 GMT

Pound Finds Support Despite Drop In Exports, Are More Losses Ahead?

Al Bawaba
March 11th, 2009 - 02:16 GMT

FX Market Update: Swiss Franc Crosses Rally Ahead of SNB Interest Rate Decision

March 11th, 2009 - 02:14 GMT

Arab Insurance Group 'BBB' ratings affirmed; Withdrawn at company's request

March 11th, 2009 - 01:50 GMT

Abu Dhabi Urban Planning Council receives approval for Three pivotal Master Plans

Al Bawaba
March 11th, 2009 - 01:44 GMT

Dollar/Yen Looking Top Heavy; Sell @98.25

Al Bawaba
March 11th, 2009 - 01:34 GMT

U.K. Trade Deficit Widens as Global Trade Falters

Al Bawaba
March 11th, 2009 - 12:55 GMT

Forex Majors Prepare for Next Stage in US Dollar Rally

Al Bawaba
March 11th, 2009 - 11:12 GMT

ECB's Mersch Responds to Orphanides, Remains 'Skeptical' of Lower Rates (Update)

Al Bawaba
March 11th, 2009 - 11:11 GMT

German Producer Prices Fall Further, Fueling Expectations for ECB Rate Cut

Al Bawaba
March 11th, 2009 - 10:49 GMT

BoE To Purchase Gilts in Attempt to Influence LIBOR/OIS Spread (Update)

March 11th, 2009 - 10:42 GMT

Bahrain: Government Treasury Bills oversubscribed by 364.44%

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