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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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A part of Arabian Ranches II, Camelia townhouses are located near the access points to the established community.
October 17th, 2018 - 05:03 GMT

The Last Opportunity to Own a Home in Arabian Ranches II

Mr. Majid Saad Alarifi Vice President Marketing and spokesman, Elm
October 17th, 2018 - 04:56 GMT

Riyadh Municipality and Elm Successfully Organizes Seminar for Entrepreneurs to Raise Awareness About Blockchain

Robomart at Etisalat Retail Zone
October 17th, 2018 - 04:47 GMT

Etisalat Digital Offers Glimpse Into Future of Retail at Gitex Technology Week 2018

The LPG industry continues to enjoy sustainable growth in China where LPG is used for domestic use and the growing petrochemical sector. (Shutterstock)
October 17th, 2018 - 04:43 GMT

Qatar to Supply China With 3 Million Metric Tons of LPG Over 5 Years

The Maritime Standard Awards 2018 seeks to recognize the achievements of the maritime industry’s most outstanding performers across the Middle East and the Indian subcontinent.
October 17th, 2018 - 04:35 GMT

Bahri Honored With Two Titles at the Maritime Standard Awards 2018

"These remarks seem to have been made under the pressure exerted by Mr. Trump, otherwise, in reality, neither Saudi Arabia nor any other producer is capable of such production," Zanganeh said. (Shutterstock)
October 17th, 2018 - 04:34 GMT

Iran Claims No Country Is Able to Fill Its Oil Gap

Alizz Islamic Bank offers Shari’ah-compliant banking solutions using Islamic contracts. (Shutterstock)
October 17th, 2018 - 03:58 GMT

Alizz Islamic Bank, Al Raffd Fund Sign Agreement to Support Oman SMEs

This will be made applicable to domestic workers of some countries. (Shutterstock)
October 17th, 2018 - 03:51 GMT

Domestic Workers to Undergo Compulsory Medical Test After Every Overseas Trip

The district will comprise 21 giant towers and will be completed at the end of 2020, with an investment cost worth $3.2 billion. (UDC)
October 17th, 2018 - 03:44 GMT

China and Singapore Set Their Eyes on Industrial and Tech Projects in Egypt's New Capital

Erdogan noted the Turkish-Romanian relations were raised to the level of a strategic partnership in 2011. (Anadolu)
October 17th, 2018 - 03:33 GMT

Turkey, Romania Trade to Jump to $10 Billion

Besides co-founding Microsoft with Bill Gates, he founded various technology firms and institutes such as the Allen Institute and Allen Institute for Artificial Intelligence. (AFP)
October 17th, 2018 - 03:26 GMT

Microsoft Co-Founder Succumbs to Cancer, Dies at 65

During the workshop
October 16th, 2018 - 11:52 GMT

MoF Holds Workshops on Services Related to Issuing Certificates

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