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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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The Journey has been theatrically released at the Metropolis Empire Sofil Cinema on October 4.
October 23rd, 2018 - 05:52 GMT

Screening of the Journey at the Metropolis Empire Sofil Cinema in Beirut Extends for Two Weeks

Experts are debating whether oil producers, like Saudi Arabia, will be able to fully replace volumes resulting from anticipated Iranian disruptions. (Shutterstock)
October 23rd, 2018 - 05:44 GMT

After a Slump, Oil Rises Above $80 Ahead of US Sanctions on Iran

“As far as arms exports are concerned, those can’t take place in the current conditions,” Merkel said. (Shutterstock)
October 23rd, 2018 - 05:39 GMT

Germany Halts Arms Exports to Saudi Arabia Citing Doubts on Khashoggi Death Report

Mnuchin confirmed that he would not attend a Saudi investment conference on Tuesday. (Shutterstock)
October 23rd, 2018 - 05:33 GMT

US Will Not Consider Sanctions on Saudi Before End of Khashoggi Death Investigations

DEWA has invited the public, and schools and university students to visit WETEX
October 23rd, 2018 - 05:30 GMT

WETEX & Dubai Solar Show Bring Together Latest Technologies in Clean & Renewable Energy, Water, and Green Development

Abdulhamid Saeed, Group Chief Executive Officer of FAB
October 23rd, 2018 - 05:14 GMT

FAB Reports Group Net Profit of Dh9.1 Billion, Up 12 Percent Year-on-Year

ROSATOM, the Academy of Sciences of the Republic of Uzbekistan and Uzatom signed a Memorandum on cooperation in the field of personnel education and training for the nuclear power sector.
October 23rd, 2018 - 04:48 GMT

Presidents of Uzbekistan and Russia Shavkat Mirziyoyev and Vladimir Putin Launched the First NPP Construction Project in Uzbekistan

Noor Al Malki Al Jehani, Executive Director, Doha International Family Institute
October 23rd, 2018 - 04:40 GMT

DIFI Unveils ‘Civil Society Statement on Parenting’

Eng Jamal Salem Al Dhaheri, Chairman of Ducab
October 22nd, 2018 - 12:18 GMT

Ducab Powering the UAE’s Clean Energy Agenda

The codeshare agreement was signed at Saudia headquarters in Jeddah by HE Eng. Saleh bin Naser Al Jasser, Director General Saudi Arabian Airlines, and Tony Douglas, Group Chief Executive Officer, of Etihad Aviation Group.
October 22nd, 2018 - 12:09 GMT

Etihad Airways and Saudi Arabian Airlines Announce Codeshare Partnership and Further Cooperation

MAG EYE
October 22nd, 2018 - 12:03 GMT

MAG Lifestyle Development Reveals Sale of 2,887 Units Valued at Dh3 Billion in Q3 2018

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
October 22nd, 2018 - 11:57 GMT

Gulf Bank Records an Increase of 18% in Net Profit for the First Nine Months of 2018

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