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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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Worries of Space debris as Boeing-built satellite blows in orbit
October 23rd, 2024 - 09:22 GMT

Worries of Space debris as Boeing-built satellite blows in orbit

Commodity prices
October 23rd, 2024 - 01:42 GMT
Syndigate

Commodity prices decline, except for precious metals and coffee

renewable energy
October 23rd, 2024 - 12:12 GMT
Syndigate

Türkiye aims to quadruple renewable energy capacity by 2035

China
October 23rd, 2024 - 10:12 GMT
Syndigate

China lowers interest rate more than expectations

Kia
October 23rd, 2024 - 09:53 GMT

Kia Jordan Introduces Innovative Drop-off Service for Enhanced Customer Experience

Burgan Bank
October 23rd, 2024 - 09:43 GMT

Burgan Bank Launches a Dedicated Mentorship Program for Senior Leadership

Kuwait International Bank
October 23rd, 2024 - 09:41 GMT

KIB renews its strategic partnership with Suffix Events

Bab Al Qasr Hotel
October 23rd, 2024 - 09:40 GMT

Transform Your Evenings: Artisan Kitchen's Themed Dining Returns to Bab Al Qasr Hotel

Dubai Chamber of Commerce
October 23rd, 2024 - 09:34 GMT

Dubai Chamber of Commerce discusses initiatives to support the private sector during third quarterly meeting of Business Groups and Councils

First Abu Dhabi Bank
October 23rd, 2024 - 09:31 GMT

FAB Asset Management raises close to USD 200 million through successful launch of fixed maturity portfolio

Ooredoo
October 23rd, 2024 - 09:27 GMT

Make the Call for Charity with Ooredoo’s Vanity Number Auction!

Huawei
October 23rd, 2024 - 09:20 GMT

Huawei Cloud Summit UAE 2024: Leap into Intelligence with a Better Cloud Across Middle East

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