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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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Qatar has become one of the leading countries in the Gulf to promote workers’ interests and provide their needs, calling on other Gulf states to follow suit. (Shutterstock)
October 11th, 2018 - 06:37 GMT

Qatar Praised for Leading Gulf Nations in Labour Rights

Total assistance committed under the JRP and excluding refugee support of $165.3 million reached about  930 million. (Shutterstock)
October 11th, 2018 - 06:28 GMT

Jordan's Foreign Aid at $1.09 Billion

The partnership will support and encourage industry best practice through the adoption of other standards, such as the International Property Measurement Standards and the International Valuation Standards. (Shutterstock)
October 11th, 2018 - 06:24 GMT

Qatar, RICS to Regulate Realty Market

Kenichiro did not confirm if this console will be called the PlayStation 5 or when it will be released. (Shutterstock)
October 11th, 2018 - 06:18 GMT

Gamers Rejoice as Sony Confirms Next-Generation Playstation Console

The move is part of Abu Dhabi Securities Market’s initiatives to adopt the ID card in all its public transactions. (Shutterstock)
October 11th, 2018 - 05:49 GMT

Investors in Abu Dhabi Securities Exchange Will Have Same Emirates ID Number

Saudi Arabia is the biggest investor across the Gulf region with regards to healthcare and educational property fit-outs. (Shutterstock)
October 11th, 2018 - 05:39 GMT

Saudi Biggest Spender on Healthcare Properties in GCC at $3 Billion

Achieving Saudi Arabia’s ambitious Vision 2030 requires consolidation of regulations to attract foreign investment, create new jobs and transfer private sector skills to the public sector. (Shutterstock)
October 11th, 2018 - 05:30 GMT

Experts Urge Saudi to Revamp Regulatory Laws to Attract FDI

Turkey has been pushing for trade in local currencies accusing the U.S. administration of using the dollar as a tool to attack other countries’ economies. (AFP)
October 11th, 2018 - 05:25 GMT

Erdogan Wants Africa to Forsake Dollar and Trade in Local Currencies

Qatari Fuel Continues to Flow Into Gaza Only Power Plant. (Shutterstock)
October 11th, 2018 - 05:21 GMT

Qatari Fuel Continues to Flow Into Gaza Only Power Plant

The amount of cannabis resin seized during the first eight months of 2018 has decreased by 34.75% compared to the same period of 2017. (Shutterstock)
October 11th, 2018 - 05:08 GMT

Algeria Seizes Over 25 Tonnes of Cannabis Resin in 2018 so Far

DEWA Stand at WETEX 2018
October 11th, 2018 - 04:55 GMT

Wetex 2018 Documents the UAE’s Drive Towards Green Energy Reliance, in Line With the Growing Global Trend

Qatar Academy Al Khor’s 10th Anniversary Celebrations.
October 11th, 2018 - 04:47 GMT

HE Sheikha Hind Bint Hamad Al Thani Attends Qatar Academy Al Khor’s 10th Anniversary Celebrations

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