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BUSINESS

BUSINESS latest

ADIB delivers Strong H1 2026 results, with net profit before tax increasing 9% to 4.3 billion, and Industry-Leading ROE of 28%
July 30th, 2026 - 03:12 GMT

ADIB delivers Strong H1 2026 results, with net profit before tax increasing 9% to 4.3 billion, and Industry-Leading ROE of 28%

Net Profit ADIB continued to deliver strong and sustainable growth in H1 2026, with net profit before tax increasing 9% year-on-year to AED 4.3 billion and rising 6% during the second quarter compared to Q1 2026 to AED 2.2 billion. The strong performance was driven by significant customer financing growth, strong asset quality, and diversified revenue streams. The Bank added 125,000 new customers during the first half of the year, supporting balance sheet expansion and reinforcing the strength of its franchise. Net profit after tax for H1 2026 stood at ...
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Environmental Upgrade: Ooredoo Kuwait Joins Forces with Ocean Minded to Foster Sustainable Innovation
July 19th, 2023 - 05:03 GMT

Environmental Upgrade: Ooredoo Kuwait Joins Forces with Ocean Minded to Foster Sustainable Innovation

 DIFC Academy and CFA Institute ink partnership agreement  to upskill investment management professionals
July 19th, 2023 - 05:00 GMT

DIFC Academy and CFA Institute ink partnership agreement to upskill investment management professionals

Who is the richest man in Saudi Arabia?
July 18th, 2023 - 01:59 GMT

Who is the richest man in Saudi Arabia?

Oil prices up on hopes of lower US stockpile data
July 18th, 2023 - 12:11 GMT

Oil prices up on hopes of lower US stockpile data

US chipmakers protest further China policy curbs
July 18th, 2023 - 11:49 GMT

US chipmakers protest further China policy curbs

Report: Impact of Black Sea Grain Initiative collapse
July 18th, 2023 - 11:16 GMT

Report: Impact of Black Sea Grain Initiative collapse

LG CEO Announces Bold Vision To Transform LG Into ‘Smart Life Solutions Company’
July 18th, 2023 - 10:52 GMT

LG CEO Announces Bold Vision To Transform LG Into ‘Smart Life Solutions Company’

Dubai Culture announces open call for ‘Al Marmoom Short-Film Competition’
July 18th, 2023 - 10:44 GMT

Dubai Culture announces open call for ‘Al Marmoom Short-Film Competition’

 Emirates introduces onboard Meal Preordering Service
July 18th, 2023 - 10:39 GMT

Emirates introduces onboard Meal Preordering Service

U.S. stock indexes close with collective gains fueled by bank and technology stocks, investors optimistic about Q2 2023 earnings
July 18th, 2023 - 10:29 GMT

US stock indexes close with collective gains

Say Hala bil Khareef and Experience More with Ooredoo
July 18th, 2023 - 10:26 GMT

Say Hala bil Khareef and Experience More with Ooredoo

Surat Diamond Bourse: India's marvelous gem trading hub and sustainable architectural wonder
July 18th, 2023 - 10:00 GMT

What do you know about Surat, diamond trading hub in India?

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