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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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Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale
May 30th, 2024 - 09:22 GMT

Saudi Aramco set to raise $13.1B, listing 1.545B shares for sale

Hesen Jabr, a Palestinian American labor and delivery nurse, receiving an award in recognition for her compassion towards patients at NYU Longone Hospital (Instagram @iknowwhythejaybirdsings)
May 30th, 2024 - 08:21 GMT

New York nurse fired for sympathizing with Gaza during NYU award speech

Gartner
May 30th, 2024 - 09:47 GMT

Gartner Forecasts Worldwide AI Chips Revenue to Grow 33% in 2024

LG Electronics
May 30th, 2024 - 09:36 GMT

LG ADVANCES WORKPLACE TECHNOLOGY WITH CUTTING-EDGE SCREENS PROVIDING IT SOLUTIONS

مجموعة المسعود
May 30th, 2024 - 09:32 GMT

Al Masaood Automobiles doubles the impact of its Nissan Genuine Parts Wholesale Development Program

Huawei
May 30th, 2024 - 09:15 GMT

The HUAWEI Pura 70 Ultra’s Retractable Camera is a Gamechanger in Smartphone Photography

Huawei
May 30th, 2024 - 09:12 GMT

Huawei Network Summit 2024 (Northern Africa) Is Successfully Held to Help Build a Digital-Intelligent Africa

American University of Beirut
May 30th, 2024 - 08:33 GMT

Roundtable at AUB: The Impact of COP 28 on Businesses in Lebanon and the MENA Region

Oracle Middle East
May 30th, 2024 - 08:28 GMT

Oracle Plans to Open Two Public Cloud Regions in Morocco

Azizi Developments
May 30th, 2024 - 08:14 GMT

Azizi Developments, NEB partner for Azizi Venice

Vertiv
May 30th, 2024 - 08:06 GMT

Vertiv's AI-Ready Infrastructure Solutions Take Center Stage at Datacloud Global Congress 2024

جامعة محمد بن زايد للذكاء الاصطناعي
May 30th, 2024 - 07:29 GMT

Mohamed bin Zayed University for Artificial Intelligence: Large language model K2-65B launches globally, setting a new standard for sustainable performance.

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