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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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Abu Dhabi University Hosts the First Women in Artificial Intelligence Forum
October 31st, 2024 - 10:15 GMT

Abu Dhabi University Hosts the First Women in Artificial Intelligence Forum

Bitget Reports Strong Q3 2024 Performance, Strengthening Its Position as the 4th Largest Crypto Exchange
October 31st, 2024 - 10:01 GMT

Bitget Reports Strong Q3 2024 Performance, Strengthening Its Position as the 4th Largest Crypto Exchange

Alef Group Launches Nama 5 at Al Mamsha Raseel
October 31st, 2024 - 09:36 GMT

Alef Group Launches Nama 5 at Al Mamsha Raseel

Veo, in Partnership with U By Emaar, Introduces Veo Ride at Dubai Creek Harbour During Dubai Fitness Challenge 2024
October 31st, 2024 - 09:27 GMT

Veo, in Partnership with U By Emaar, Introduces Veo Ride at Dubai Creek Harbour During Dubai Fitness Challenge 2024

FAB and Gilded launch digitally enabled physical gold investment for private banking clients
October 31st, 2024 - 09:22 GMT

FAB and Gilded launch digitally enabled physical gold investment for private banking clients

interest rate
October 31st, 2024 - 09:07 GMT
Syndigate

Japan manage to keep its interest rate steady at 0.25%

Boursa Kuwait records a 14.50 percent increase in its net profit for the period ended 30 September 2024
October 31st, 2024 - 08:52 GMT

Boursa Kuwait records a 14.50 percent increase in its net profit for the period ended 30 September 2024

Sophos Launches New XGS Series of Desktop Firewalls and Updated Firewall Software
October 31st, 2024 - 08:38 GMT

Sophos Launches New XGS Series of Desktop Firewalls and Updated Firewall Software

Dubai Chambers signs partnership agreement with International Chamber of Commerce to promote digitalisation and support global trade
October 31st, 2024 - 08:25 GMT

Dubai Chambers signs partnership agreement with International Chamber of Commerce to promote digitalisation and support global trade

Dive Into Adventure: Kayak with the Dolphins and Scuba Dive without a Certificate at SeaWorld® Yas Island, Abu Dhabi
October 31st, 2024 - 08:00 GMT

Dive Into Adventure: Kayak with the Dolphins and Scuba Dive without a Certificate at SeaWorld® Yas Island, Abu Dhabi

Bahri Reports Strong Interim Results With Q3 2024 Net Profit Up 127% Yoy
October 31st, 2024 - 07:54 GMT

Bahri Reports Strong Interim Results With Q3 2024 Net Profit Up 127% Yoy

UAE’s Binghatti launches $1.5B residential project
October 31st, 2024 - 07:51 GMT
Reema Tuqan

UAE’s Binghatti launches $1.5B residential project

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