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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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Rolls-Royce Power Systems
June 20th, 2024 - 07:13 GMT

Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line

This August, LG will also continue its research on cold climate heat pumps in Harbin in partnership with a prestigious Chinese university.
June 20th, 2024 - 07:11 GMT

LG ESTABLISHES GLOBAL R&D TRIANGLE TO DEVELOP HIGH-PERFORMANCE HEAT PUMPS IN EXTREME COLD

Veo is set to debut its first Fitness Center this summer and is getting ready to open their doors in the coming weeks.
June 20th, 2024 - 07:07 GMT

Emaar Announces the Opening of Veo – A Holistic Community Focused on Wellbeing

Wego
June 20th, 2024 - 07:06 GMT

Wego Partners with Pakistan International Airlines to Enhance Travel Experience for Pakistani Travelers

Training event in Ras Al Khaimah, UAE included visit to Vertiv factory with sessions surrounding company’s products and solutions
June 20th, 2024 - 07:03 GMT

Vertiv expands critical digital infrastructure collaboration and expertise with landmark training event for METCA distribution partners

Concertmaster Port Cask Finish Oversea Edition Set
June 20th, 2024 - 07:01 GMT

Kavalan Launches Concertmaster Port Cask Finish Oversea Edition Set

Sharjah Airport begins receiving returning pilgrims
June 20th, 2024 - 06:58 GMT

Sharjah Airport begins receiving returning pilgrims to the UAE

reserves
June 20th, 2024 - 06:55 GMT

Saudi Arabia’s international reserves in its highest in 18 months at $467.5bn

FIM World Supercross Championship (WSX)
June 20th, 2024 - 06:46 GMT

Abu Dhabi to host 2024 FIM World Supercross Championship season finale

Egypt
June 20th, 2024 - 06:44 GMT

Egypt's exports rise 9.8% to $16.55bn during global trade expansion

Hisense TV Ranked No. 2 Globally in Q1 2024
June 20th, 2024 - 06:18 GMT

Hisense TV Ranked No. 2 Globally in Q1 2024

GTN and Revolut partner to unlock the bond market in the EEA
June 20th, 2024 - 04:16 GMT

GTN and Revolut partner to unlock the bond market in the EEA

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