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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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Mastercard SME Confidence Index: 72% of SMEs in MENA project similar or increased revenue in 2023
September 26th, 2023 - 06:28 GMT

Mastercard SME Confidence Index: 72% of SMEs in MENA project similar or increased revenue in 2023

Bank ABC goes live with instant blockchain payments for institutions with J.P. Morgan’s Coin Systems in partnership with the CBB
September 26th, 2023 - 05:55 GMT

Bank ABC goes live with instant blockchain payments for institutions with J.P. Morgan’s Coin Systems in partnership with the CBB

Huawei’s new MatePad Pro 13.2 to launch in China
September 25th, 2023 - 01:38 GMT

Huawei’s new MatePad Pro 13.2 to launch in China

Crypto news recap: Ethereum upgrade delayed
September 25th, 2023 - 11:51 GMT

Crypto news recap: Ethereum upgrade delayed

Elon Musk wants to buy Apple’s iPhone 15
September 25th, 2023 - 11:48 GMT

Elon Musk wants to buy Apple’s iPhone 15

Phone call to the space
September 25th, 2023 - 11:31 GMT
Osama Ali

UK telecom firm achieves first-ever phone call to space using 5G!

Starting 2024: All dealings restricted to local currency in Iraq
September 25th, 2023 - 11:23 GMT

Starting 2024: All dealings restricted to local currency in Iraq

Twitter (X)
September 25th, 2023 - 10:48 GMT
Osama Ali

Twitter's X to retire unique social feature, similar to Instagram's

Oil prices rise on temporary Russian fuel exports ban
September 25th, 2023 - 10:18 GMT

Oil prices rise on temporary Russian fuel exports ban

Smart Ring
September 25th, 2023 - 09:42 GMT
Osama Ali

Samsung's unconventional smart ring 'Galaxy Ring' could steal limelight from Galaxy S24

Time ticking on deadline to avert US government shutdown
September 25th, 2023 - 09:09 GMT

Time ticking on deadline to avert US government shutdown

Yas Island lights up in green to commemorate the 93rd Saudi National Day
September 25th, 2023 - 08:57 GMT

Yas Island lights up in green to commemorate the 93rd Saudi National Day

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