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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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Solar cell factory in Amman construction starts late 2023
August 27th, 2023 - 12:02 GMT

Solar cell factory in Amman construction starts late 2023

US Justice Department has been weaponized against SpaceX – Musk
August 27th, 2023 - 11:26 GMT

US Justice Department has been weaponized against SpaceX – Musk

New traffic fines of up to $1,600 in Saudi Arabia
August 27th, 2023 - 10:19 GMT

New traffic fines of up to $1,600 in Saudi Arabia

Public warning against currency scams in UAE
August 27th, 2023 - 09:46 GMT

Public warning against currency scams in UAE

Mahzooz’s 143rd draws crown the 59th millionaire
August 27th, 2023 - 09:42 GMT

Mahzooz’s 143rd draws crown the 59th millionaire

Strategies for building wealth: beyond paycheck dependency
August 27th, 2023 - 09:26 GMT

Strategies for building wealth: beyond paycheck dependency

Businesses in Saudi Arabia to pay due taxes or face major fines
August 27th, 2023 - 09:19 GMT

Businesses in Saudi Arabia to pay due taxes or face major fines

Catch the last of ‘DC Super Hero Season’ at Warner Bros. World Abu Dhabi
August 27th, 2023 - 08:31 GMT

Catch the last of ‘DC Super Hero Season’ at Warner Bros. World Abu Dhabi

Saudi 96-hour stopover visa for Bangladesh, Pakistan
August 27th, 2023 - 08:21 GMT

New Saudi visas include 96-hour stopover visa for Bangladesh, Pakistan

The Moscow Central Diameter launch is a pioneering leap in global transit systems
August 27th, 2023 - 07:18 GMT

The Moscow Central Diameter launch is a pioneering leap in global transit systems

BCFC Receives Mastercard Digital First Program Certificate for Pioneering Secure Digital Payment Solutions
August 27th, 2023 - 06:46 GMT

BCFC Receives Mastercard Digital First Program Certificate for Pioneering Secure Digital Payment Solutions

KIB marks H1’23 with many achievements as part of efforts to elevate its digital infrastructure via electronic channels
August 27th, 2023 - 06:19 GMT

KIB marks H1’23 with many achievements as part of efforts to elevate its digital infrastructure via electronic channels

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