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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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EOS-X SPACE
June 21st, 2024 - 05:47 GMT

EOS-X SPACE WILL BEGIN OPERATING ITS SPACE FLIGHTS IN SPAIN AND ABU DHABI IN 2025 WITH A TOTAL INVESTMENT OF MORE THAN 230 MILLION DOLLARS

NetApp logo
June 21st, 2024 - 05:41 GMT

Spot by NetApp Achieves FinOps Foundation's Certified Platform Certification

Ravi Baldev
June 21st, 2024 - 05:38 GMT

Commvault strengthens Emerging Markets operations with new senior hire in the region

APIX
June 21st, 2024 - 05:34 GMT

APIX and RBI Join Forces to Drive Financial Innovation Through HaRBInger 2024 Hackathon

MASERATI
June 21st, 2024 - 05:31 GMT

MC20 Icona & MC20 Leggenda: two special series to celebrate the 20th anniversary of the timeless MC12

teamLab
June 21st, 2024 - 05:27 GMT

The Record-Breaking Digital Art Museum Opened in Historic Jeddah, Saudi Arabia

Hisense has dominated the Chinese TV market
June 21st, 2024 - 05:25 GMT

Hisense Maintains Global TV Market Dominance with Top Spots in Multiple Countries

Al Eid Eiden film
June 21st, 2024 - 05:22 GMT

Image Nation Abu Dhabi and Front Row Filmed Entertainment release first trailer for latest Saudi-Emirati family comedy Al Eid Eiden

Hyundai Motor Group Powers Up Robotic Services at Smart Office Building in Seoul
June 21st, 2024 - 05:12 GMT

Hyundai Motor Group Powers Up Robotic Services at Smart Office Building in Seoul

Shaping the future of music in MENA through global music industry collaborations
June 21st, 2024 - 05:00 GMT

Takwene: The Powerhouse Behind Wegz, Omar Kamal, Marwan Pablo, and More, Now at the Forefront of Global Music Collaboration

Kuwait resorts to power cuts amid scorching heat wave
June 20th, 2024 - 09:59 GMT

Kuwait resorts to power cuts amid scorching heat wave

The Myriad Dubai provides an all-round accommodation experience for higher education and university students.
June 20th, 2024 - 02:09 GMT

The Myriad Dubai’s blueprint for the ultimate student community combines safety with enriching experiences

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