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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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Dubai Culture stand at GTIEX 2018
October 15th, 2018 - 09:36 GMT

Dubai Culture Participates in Gitex 2018

October 15th, 2018 - 09:30 GMT

Dubai Real Estate Market Equilibrium Possible in 3–5 Years Says Chestertons

Shaikha Al Nowais, Vice President, Owner Relationship Management
October 15th, 2018 - 09:23 GMT

Rotana Announces Shaikha Al Nowais’ Promotion to Vice President, Owner Relationship Management

The three-hour flight will operate twice per week, on Tuesdays and Fridays.
October 15th, 2018 - 09:17 GMT

Air Arabia Launches New Route to Sulaimaniyah To Mark Fourth Iraqi Destination

Up to Dh4 million were given to 580 poor families who were eligible for a monthly assistance. (Shutterstock)
October 15th, 2018 - 09:09 GMT

Families in UAE Receive Dh10.5 Million Donations

Google has reportedly stopped scanning user’s emails, although apparently third-party apps still do. (Shuterstock)
October 15th, 2018 - 09:03 GMT

Google Knows a Lot More About You Than You Think

On Thursday, the port had decided to "suspend all operations" due to the development of the tropical storm. (AFP)
October 15th, 2018 - 08:54 GMT

Salalah Port Resumes Operations as Storm Luban Weakens

The Tadawul All-Shares Index (TASI) quickly lost more than 500 points on the first trading day of the week. (AFP)
October 15th, 2018 - 08:47 GMT

Saudi Stocks in the Red After Trump Warnings Over Khashoggi Case

Jordan’s efforts to enhance trade with Palestine faces obstacles by Israeli occupation authorities attempting to keep the Palestinian market under Israeli control. (Shutterstock)
October 15th, 2018 - 08:43 GMT

Israel Obstructs Efforts of Jordan, Palestine Trade

Egypt raised 2 billion euro in bonds in April. (Shutterstock)
October 15th, 2018 - 08:33 GMT

Egypt Looks to Asia as It Undergoes Debt Restructuring

UAE business tycoon Khalaf Ahmad Al-Habtoor has called for an Arab boycott of US companies. (File/photo)
October 15th, 2018 - 08:21 GMT

UAE Tycoon Khalaf Al-Habtoor Urges Boycott of US Firms Which Opted out of Saudi Investment Summit

Vision 2030 aims to reduce the country’s dependency on oil and focus on untapped renewable energy resources. (Shutterstock)
October 15th, 2018 - 08:15 GMT

Opinion: What Exactly Is Vision 2030 and What Does It Mean to Saudis?

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