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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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PCFC participates in the big event, 14 to 18 October at Dubai World Trade Center.
October 9th, 2018 - 07:54 GMT

PCFC Showcases Its Latest Innovations at Gitex Technology Week 2018

Over the last few years RAK Ceramics has been consolidating its global operations and this latest purchase follows acquisitions in Europe, India, and Australia.
October 9th, 2018 - 07:15 GMT

Leading Ceramics Company Announces Full Acquisition of Its KSA Joint Ventures

GMA Sports Series Champions
October 9th, 2018 - 07:11 GMT

GEMS Modern Academy Awarded Title of Sports Series Champions 2017–2018

The Deloitte network is proud of the recognition given to our professionals in the 2018 Guide to the World's Leading Tax Advisers.
October 9th, 2018 - 06:58 GMT

Deloitte Middle East Tax Professionals Recognized in 2018 Guide to the World’s Leading Tax Advisers

DCEO Dr. Othman Khoori
October 9th, 2018 - 06:37 GMT

Abu Dhabi Airports Celebrates Customer Service Week

Hamad Bin Khalifa University.
October 9th, 2018 - 06:03 GMT

Hamad Bin Khalifa University’s Qatar Biomedical Research Institute Forms New Partnership With Harvard Stem Cell Institute

The US oil drilling rig count fell for a third consecutive week, as rising costs and pipeline bottlenecks have hindered new drilling since June. (Shutterstock)
October 9th, 2018 - 05:57 GMT

US Contemplates Waivers on Iran Crude Sanctions, but There Is a Catch

India, the world’s third-biggest oil importer, will buy nine million barrels of Iranian oil in November. (Shutterstock)
October 9th, 2018 - 05:54 GMT

India Confirms 9 Million Oil Barrels Shipment of Iranian Oil in November

The two sides stressed cooperation in technology transfer and exchanging the know-how in the field, as well as the possibility of investment by Omani companies in the Islamic Republic’s upstream oil and gas sector. (Shutterstock)
October 9th, 2018 - 05:53 GMT

Iran, Oman to Boost Energy Ties

The Iranian president says the US will never be able to stop Iran's oil exports. (AFP/File)
October 9th, 2018 - 05:48 GMT

Report: Washington Pressures Trump to Keep Iran Financial Access

Legislation and Opinion Bureau President Nofan Ajarmeh said that the bill did not criminalise any new actions, but it criminalised some deeds that are perpetrated through technological means that do not accord with the values and morals of the society. (Shutterstock)
October 9th, 2018 - 05:47 GMT

Jordan's New Cybercrime Law: A Hate Speech Monitor or a Press Muzzle?

The ministry also announced the continuation of its joint labour inspection campaigns in all industrial, commercial, service and agricultural establishments across the Kingdom. (Shutterstock)
October 9th, 2018 - 05:38 GMT

Jordan to Intensify Crackdown on Illegal Migrant Workers

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