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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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So far $8 billion has reached Egyptian coffers. (Shutterstock)
October 22nd, 2018 - 06:05 GMT

Egypt's Economy Is Improving, but IMF Obligations Remain

“Lebanon has a lot of assets. It has properties. It owns all its public facilities and should expect big incomes estimated at more than $300 billion from oil and gas. (Shutterstock)
October 22nd, 2018 - 05:59 GMT

Private Sector Could Save Lebanon's Economy, but Politics Should Pitch In

Dr. Nabeel Al-Salem, Chief Advisor Partnerships, QF RDI
October 22nd, 2018 - 05:54 GMT

Qatar Foundation Research, Development and Innovation Participates in Global Technology Meet in Japan

Dr. Abdullah bin Hassan Alabdulgader, Chairman of the Board
October 22nd, 2018 - 05:39 GMT

Gulf International Bank Announces New Board of Directors

ADSSSA launches ADPay in collaboration with First Abu Dhabi Bank
October 22nd, 2018 - 05:21 GMT

ADSSSA Launches ADPay in Collaboration With First Abu Dhabi Bank

Jamal Fakhro, Managing Partner of KPMG in Bahrain
October 22nd, 2018 - 05:03 GMT

Kingdom of Bahrain to Host KPMG’s Regional Partners’ Conference

Abu Dhabi Commercial Bank today reported its financial results for the nine month period.
October 22nd, 2018 - 04:43 GMT

Abu Dhabi Commercial Bank Reports Nine Month 2018 Net Profit of Dh3.483 Billion

Starting on 18 October 2018 for 90 days, customers who sign up for a 12 month 50 Mbps contract or above.
October 21st, 2018 - 12:16 GMT

Ooredoo Offers ‘Super Fibre’ With Complimentary Router and One Month Free Subscription

During the signing ceremony
October 21st, 2018 - 12:01 GMT

DED Forms Partnership With BooleanLAb to Strengthen Market Supervision and Inspection

During the event
October 21st, 2018 - 11:50 GMT

Seef Properties’ CSR Sub-Committee Hosts Members of Abdul Rahman Kanoo Senior Social Club

Amer Ali, Executive Director of DMCA
October 21st, 2018 - 11:40 GMT

Top Creative Minds of Maritime Sector to Meet in Dubai

During the trade mission, delegates made a number of site visits to prestigious French institutions and innovation centres.
October 21st, 2018 - 11:26 GMT

Dubai Chamber-Led Delegation Participates in Second UAE-France Economic Forum

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