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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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Saudi Finance
September 20th, 2023 - 11:29 GMT
Mansour Al-Maswari

Saudi private sector wages surge by 45% in five years

Gartner Forecasts MENA IT Spending to Grow 4% in 2024
September 20th, 2023 - 10:52 GMT

Gartner Forecasts MENA IT Spending to Grow 4% in 2024

“MASEERAT CADILLAC”: Revving up celebrations for Saudi Arabia’s National Day, Cadillac hosts its first gaming parade on Forza Horizon 5
September 20th, 2023 - 10:44 GMT

“MASEERAT CADILLAC”: Revving up celebrations for Saudi Arabia’s National Day, Cadillac hosts its first gaming parade on Forza Horizon 5

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022
September 20th, 2023 - 10:35 GMT

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022

GCC logo
September 20th, 2023 - 10:34 GMT
Mansour Al-Maswari

Gulf labor ministers enhance regional workforce strategies in Oman meeting

Inflation slows in the UK to 6.7% in August below expectations
September 20th, 2023 - 10:22 GMT

Inflation slows in the UK to 6.7% in August below expectations

du and Huawei forge strategic partnership to pioneer technological innovation at DTW23 – Ignite
September 20th, 2023 - 10:06 GMT

du and Huawei forge strategic partnership to pioneer technological innovation at DTW23 – Ignite

Hyundai Motor Group to Donate USD 1.1 Million for Moroccan Earthquake and Libya Flood Recovery
September 20th, 2023 - 09:59 GMT

Hyundai Motor Group to Donate USD 1.1 Million for Moroccan Earthquake and Libya Flood Recovery

Ooredoo Celebrates more 120 Future Omani Industry Leaders and Digital Entrepreneurs
September 20th, 2023 - 09:53 GMT

Ooredoo Celebrates more 120 Future Omani Industry Leaders and Digital Entrepreneurs

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations
September 20th, 2023 - 09:37 GMT

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations

Elon Musk's biography reveals a complex personality
September 20th, 2023 - 09:20 GMT

Elon Musk's biography reveals a complex personality

Emirates NBD announces mega prize winners of  Salary Transfer campaign
September 20th, 2023 - 09:14 GMT

Emirates NBD announces mega prize winners of Salary Transfer campaign

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