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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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During the event
October 24th, 2018 - 08:07 GMT

Dubai Culture Supports Attractions, Leisure, & Tourism Middle East

The company which has 24 fitness clubs throughout the Emirates and Oman, will conduct a range of free fitness classes in the, Opening Carnival at Dubai Festival City.
October 24th, 2018 - 08:01 GMT

Gold’s Gym Supports Dubai Fitness Challenge 30x30 With Free Fitness Classes

Exodus 1
October 24th, 2018 - 07:12 GMT

HTC Launches ‘Exodus 1’ The Early Access Version of Its Blockchain Phone

The 7-year Service Package is Maserati’s exclusive service that ensures that its cars are maintained at the highest level of efficiency and performance for years to come.
October 24th, 2018 - 06:38 GMT

Maserati Offers an Exclusive Customer Care Service With an Upgraded Seven-Year Package on 2018 Range Models

There is a plan to develop between 30 and 50 oil wells which will increase energy production in Tunisia. (Shutterstock)
October 24th, 2018 - 06:25 GMT

Tunisia to Drill for 20 Oil Wells by 2020

Non-metallic minerals, such as sand, gravel, limestone and crushed rock account for more than half of total materials consumed today in gigatonne terms. (Shutterstock)
October 24th, 2018 - 06:23 GMT

Report: The World Will Double Its Raw Materials Consumption by 2060

The Munich_based company had already decided to recall 480,000 vehicles in Asia and Europe after fires were reported in South Korea. (Shutterstock)
October 24th, 2018 - 06:19 GMT

BMW Recalls 1.6 Million Vehicles Worldwide

Chinese Ambassador to Jordan Pan Weifang praised the “distinguished” Chinese-Jordanian relations at all levels, especially in the economic field, calling for investing these ties to achieve benefits for both sides. (Shutterstock)
October 24th, 2018 - 06:16 GMT

Jordan Eager to Increase China Trade, Currently at $1.637 Billion

Prices of the yellow metal are likely to increase approximately five per cent in the next two months. (Shutterstock)
October 24th, 2018 - 06:12 GMT

With Diwali Around the Corner, This Is Why It's Prime Time to Buy Gold

"+Qatar" campaign has promoted Qatar as a transit destination and increased passengers wishing to stop in Qatar by 40%, in addition to creating new tourism models. (Shutterstock)
October 24th, 2018 - 06:09 GMT

Qatar Is Flexing Its Tourism Muscles

An increase in US interest rates usually requires an increase in local interest rates or else the exchange rate becomes unstable. (Shutterstock)
October 24th, 2018 - 06:05 GMT

Saudi to Lock in US-Riyal Exchange Rate

Two other winners drove home a Range Rover and a BMW. (KhaleejTimes)
October 24th, 2018 - 06:04 GMT

Indian Expat Gets Lucky From First Dubai Duty Free Ticket and Wins $ 1 Million

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