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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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MG Motor Celebrates 100 Years with Three Global and Regional Model Launches at the Jeddah International Motor Show
October 30th, 2024 - 09:22 GMT

MG Motor Celebrates 100 Years with Three Global and Regional Model Launches at the Jeddah International Motor Show

Al Tayer Motors Opens UAE’s First VinFast 3S facility
October 30th, 2024 - 09:16 GMT

Al Tayer Motors Opens UAE’s First VinFast 3S facility

Al Waleed bin Talal: world's richest Arab man with $17B fortune
October 30th, 2024 - 09:14 GMT
Reema Tuqan

Al Waleed bin Talal: world's richest Arab man with $17B fortune

Samsung Electronics Unveils ‘Galaxy Circle’ - An Exclusive Community For Emerging Content Creators In Mena
October 30th, 2024 - 09:04 GMT

Samsung Electronics Unveils ‘Galaxy Circle’ - An Exclusive Community For Emerging Content Creators In Mena

Canon Middle East's Commitment to Sustainability and Inclusion Recognized Across the Middle East
October 30th, 2024 - 08:59 GMT

Canon Middle East's Commitment to Sustainability and Inclusion Recognized Across the Middle East

KIB Group’s net profits during the nine months of 2024 reach KD 16 million
October 30th, 2024 - 08:55 GMT

KIB Group’s net profits during the nine months of 2024 reach KD 16 million

AVEVA joins ADIPEC 2024 to showcase how digitalisation, including the power of AI, is key to accelerating the decarbonisation of the energy sector
October 30th, 2024 - 08:45 GMT

AVEVA joins ADIPEC 2024 to showcase how digitalisation, including the power of AI, is key to accelerating the decarbonisation of the energy sector

LG Celebrates Abdullah Alhaydan’s Victory At Rally Qassim 2024
October 30th, 2024 - 07:52 GMT

LG Celebrates Abdullah Alhaydan’s Victory At Rally Qassim 2024

Nissan to launch affordable Vehicle to Grid technology from 2026
October 30th, 2024 - 07:12 GMT

Nissan to launch affordable Vehicle to Grid technology from 2026

US economy
October 30th, 2024 - 07:10 GMT
Reema Tuqan

US economy strengthens days before 2024 elections

GU-Q’s Model United Nations Sets a Record with 863 Young Diplomats Tackling Global Peace
October 30th, 2024 - 07:03 GMT

GU-Q’s Model United Nations Sets a Record with 863 Young Diplomats Tackling Global Peace

Double Win for Ooredoo:  Best Telecom Provider and Best CSR Initiative at Global Brand Awards 2024
October 30th, 2024 - 06:56 GMT

Double Win for Ooredoo: Best Telecom Provider and Best CSR Initiative at Global Brand Awards 2024

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