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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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You need to pay a monthly subscription for upcoming Samsung Ring, new leak reveals
May 22nd, 2024 - 08:00 GMT

You need to pay a monthly subscription for upcoming Samsung Galaxy Ring, new leak reveals

economy
May 22nd, 2024 - 10:26 GMT

IMF predicts that UAE’s economy will grow by 4% in 2024

Rixos Hotels
May 22nd, 2024 - 09:58 GMT

Rixos Hotels Egypt's Expansion Provides a Significant Contribution to Egypt's Tourism

Emirates Islamic Bank
May 22nd, 2024 - 09:51 GMT

Emirates Islamic successfully issues USD 750 million 5 Year Senior Unsecured Sustainability Sukuk

recruit
May 22nd, 2024 - 09:05 GMT

More than 100 employees to be hired by firms in Dubai, recruit today

Burgan Bank
May 22nd, 2024 - 09:04 GMT

Burgan Bank Signs Core Banking Deal with TCS BaNCS as Part of its Transformation Strategy

Ooredoo
May 22nd, 2024 - 08:50 GMT

Serving as the Settlement Bank for Ooredoo Fintech WalletQNB and Ooredoo Fintech extend their partnership to revolutionize fintech services in Oman

dell
May 22nd, 2024 - 08:44 GMT

Dell Technologies Expands Dell AI Factory with NVIDIA to Turbocharge AI Adoption

Queen Alia International Airport
May 22nd, 2024 - 08:39 GMT

Queen Alia International Airport welcomed 660k passengers during April 2024

Sharjah Media City (Shams)
May 22nd, 2024 - 08:18 GMT

Sharjah Media City (Shams) Welcomes Participants of 6th Edition of Young Arab Media Leaders Program

Hyundai Motor
May 22nd, 2024 - 08:00 GMT

Hyundai IONIQ 5 N Voted Best EV Hot Hatch at the 2024 TopGear.com Electric Awards

prices
May 22nd, 2024 - 07:25 GMT

Higher prices keep Americans struggling financially

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