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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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Technology is not making us more productive, why?
August 29th, 2023 - 01:52 GMT

Technology is not making us more productive, why?

Meta’s Threads collects more personal data than X
August 29th, 2023 - 12:14 GMT

Meta’s Threads collects more personal data than X

Oil prices slip on demand worries outweighing supply concerns
August 29th, 2023 - 11:50 GMT

Oil prices slip on demand worries outweighing supply cuts

Saudi fuel subsidies exceeded those of G20
August 29th, 2023 - 10:59 GMT

Saudi fuel subsidies exceeded those of G20

Saudi foreign reserves dropped in July
August 29th, 2023 - 10:08 GMT

Saudi foreign reserves dropped in July

Raimondo in fresh talks on trade disputes to restore US-China ties
August 29th, 2023 - 09:31 GMT

Raimondo in fresh talks on trade disputes to stabilize US-China ties

DAMAC Announces Participation at 25th WETEX and Dubai Solar Show Exhibition
August 29th, 2023 - 08:41 GMT

DAMAC Announces Participation at 25th WETEX and Dubai Solar Show Exhibition

Red Hat Expands Capabilities of JBoss Enterprise Application Platform Offerings on Microsoft Azure
August 29th, 2023 - 08:32 GMT

Red Hat Expands Capabilities of JBoss Enterprise Application Platform Offerings on Microsoft Azure

Toyota halts production due to system glitch
August 29th, 2023 - 08:17 GMT

Toyota halts production due to system glitch

Dubai Chamber of Digital Economy launches Emirati Training Academy to empower digital talent as part of the ‘Create Apps in Dubai’ initiative
August 29th, 2023 - 08:02 GMT

Dubai Chamber of Digital Economy launches Emirati Training Academy to empower digital talent as part of the ‘Create Apps in Dubai’ initiative

LG’s Energy Management Solution For A Sustainable Life Featured At IFA
August 29th, 2023 - 07:47 GMT

LG’s Energy Management Solution For A Sustainable Life Featured At IFA

Masdar celebrates the work of Emirati Women sustainability champions
August 29th, 2023 - 07:44 GMT

Masdar celebrates the work of Emirati Women sustainability champions

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