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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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Amir Kanaan, Managing Director for the Middle East, Turkey and Africa Kaspersky Lab
October 18th, 2018 - 09:46 GMT

Understaffing, Underinvestment and Human Errors Put ICS Security at Risk in the MENA Region

Samsung’s new 8K TV, the Samsung Q900R QLED. (TechRadar)
October 18th, 2018 - 09:40 GMT

This Is the Best Country to Buy Samsung’s 8K QLED TV

The Sharjah Finance Department has launched two new electronic services to streamline financial procedures for employees as well as clients of the Government of Sharjah. (Shutterstock)
October 18th, 2018 - 09:34 GMT

Sharjah Adopts Financial E-Services to Streamline Payments

From rugged terrains to twisting roads, you can take your car to scenic landscapes in the UAE and make a day of it. (Shutterstock)
October 18th, 2018 - 09:28 GMT

Enjoy the Improving Weather in UAE This Weekend With These Road Trips!

Several robots were on display at the Gitex Technology Week and their companies were actively trying to place them in working positions across different industries. (Shutterstock)
October 18th, 2018 - 09:19 GMT

UAE Is Hiring, but Only If You're a Robot!

Jordan Arrests 33 on Financial and Criminal Charges. (Shutterstock)
October 18th, 2018 - 09:14 GMT

Jordan Arrests 33 on Financial and Criminal Charges

Iranian officials have downplayed the impacts of the US sanctions against the country. (Shutterstock)
October 18th, 2018 - 09:05 GMT

Iran Furious Over New US Sanctions

The Italian official made the remarks in a visit to Iranian Northern Province of Mazandaran, calling for provision of necessary grounds to expand mutual cooperation. (Shutterstock)
October 18th, 2018 - 09:00 GMT

Iran, Italy to Find Common Economic Grounds

Many prominent company leaders have said they will not attend the FII, which is scheduled to start in Riyadh next week. (Shutterstock)
October 18th, 2018 - 08:42 GMT

BlackRock Not Parting Ways With Saudi Despite FII Absence

The Middle East cinema market is doing very well. (Shutterstock)
October 18th, 2018 - 08:31 GMT

First MENA Cinema Forum to Highlight Investment Opportunities in Region

The ministry has been keen on following up the case in the context of not allowing irregularities that contradict its laws. (Shutterstock)
October 18th, 2018 - 08:24 GMT

Kuwait Bans Gender Mixing in Sports Clubs and Health Institutes

Mr. Jean-Christophe Durand, Chief Executive Officer of NBB
October 18th, 2018 - 07:52 GMT

NBB Net Profits Increase 11.3 Percent to BD55.0 Million For the First Nine Months of 2018

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