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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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Feras bin Abdullah al Sheikh, Director of Consumer Sales at Ooredoo
October 10th, 2018 - 09:34 GMT

Ooredoo Launches ‘Saeed’ on Its Award-Winning App

Amit Jain, Group CEO of Emaar Properties and Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank, were present amongst other senior officials of both entities at the signing ceremony in Dubai.
October 10th, 2018 - 09:24 GMT

Emaar Partners With Dubai Islamic Bank for Exclusive Home Finance Solution

There will be a variety of circus tricks in store, with workshops for children on hula-hooping and balancing tricks.
October 10th, 2018 - 08:11 GMT

The Spectacular Circus Is Back at KidZania!

Governance champions: Carla Koffel, Executive Director of the Pearl Initiative, and Sunil John, Founder & President, Middle East, ASDA’A BCW, after inking the agreement at ASDA’A BCW’s headquarters in Dubai
October 10th, 2018 - 08:04 GMT

Pearl Initiative Partners With ASDA’A BCW to Promote Ethical Business Behaviour Across the Gulf Region

Rotana CEO, Omer Kaddouri
October 10th, 2018 - 07:50 GMT

Rotana President & CEO Stepping Down Following Two Decades of Success With the Company

Avaya Demonstrates AI and Biometrics Enabled Communications.
October 10th, 2018 - 07:37 GMT

Avaya to Demonstrate AI and Biometrics Enabled Communications Solutions for Enhanced Customer & Employee Experiences

Ericsson 5G Commercial Readiness
October 10th, 2018 - 07:25 GMT

Ericsson and Industry Partners Advance 5G Commercial Readiness in North America

Harish Chib, Vice President, Middle East & Africa, Sophos
October 10th, 2018 - 07:12 GMT

Sophos Brings Deep Learning Innovation to Gitex Technology Week 2018

The lucky winner of One Million Enrich Points was of native India.
October 10th, 2018 - 07:02 GMT

AW Rostamani Reveals Winner of One Million Enrich Club Points

After releasing his full album for free online following a few teaser singles, Diab has also released 'Bahebbak Ana' early on Monday, dedicating it to his 16.7 million fans on Facebook to coincide with his 57th birthday this week. (Source: amrdiab - Instagram)
October 10th, 2018 - 07:00 GMT

Amr Diab's New Album 'Kol Hayaty' Smashes Records

Bringing blockchain-based payments technology into the government sphere is a major development for the technology. (Shutterstock)
October 10th, 2018 - 06:50 GMT

You Can Now Pay Your Bills via Digital Currency in Dubai

Output across Dubai’s non-oil private sector increased during September. Although the rate of growth eased since August, it remained sharp overall and above the long-run average. Activity increased to the greatest extent in the wholesale & retail sector. (Shutterstock)
October 10th, 2018 - 06:45 GMT

Dubai’s Non-Oil Private Sector Growth Slowing Down

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