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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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Xi Chen | Al Bawaba
September 8th, 2022 - 08:46 GMT

UAE Tech Podcast: Xi Chen on DeFI, CeFi & TradFi

Majid Al Futtaim Retail Forms a Strategic Partnership With Microsoft To Transform Its Finance Operations
September 8th, 2022 - 08:43 GMT

Majid Al Futtaim Retail Forms a Strategic Partnership With Microsoft To Transform Its Finance Operations

From Family Time to ‘Me-Time’, Lenovo’s Latest Consumer Devices Deliver a Little Something for Everyone
September 8th, 2022 - 08:23 GMT

From Family Time to ‘Me-Time’, Lenovo’s Latest Consumer Devices Deliver a Little Something for Everyone

Emirates NBD Securities End-to-End Digital Onboarding Platform Accelerates DFM Investor Access
September 8th, 2022 - 08:19 GMT

Emirates NBD Securities End-to-End Digital Onboarding Platform Accelerates DFM Investor Access

Dubai South, Maersk Sign Agreement To Expand Maersk’s UAE Warehousing and Distribution Footprint by More Than Double
September 8th, 2022 - 08:14 GMT

Dubai South, Maersk Sign Agreement To Expand Maersk’s UAE Warehousing and Distribution Footprint by More Than Double

Cadillac Outlines Commitment to the Mobility Aspirations of the Region by Confirming Six Luxury Electric Vehicles in the Middle East by 2025
September 8th, 2022 - 08:04 GMT

Cadillac Outlines Commitment to the Mobility Aspirations of the Region by Confirming Six Luxury Electric Vehicles in the Middle East by 2025

DIB Recognizes Top Players in the Automobile Industry
September 8th, 2022 - 07:54 GMT

DIB Recognizes Top Players in the Automobile Industry

Dubai Culture Continues To Support Creatives Through Its 2022 Dubai Performing Arts Programme
September 8th, 2022 - 07:51 GMT

Dubai Culture Continues To Support Creatives Through Its 2022 Dubai Performing Arts Programme

Aruba to Showcase Secure Edge-to-Cloud Networking Solutions at GITEX Technology Week 2022
September 8th, 2022 - 07:30 GMT

Aruba to Showcase Secure Edge-to-Cloud Networking Solutions at GITEX Technology Week 2022

UAE-Israel Trade Soars by 117% in H1 2022
September 8th, 2022 - 07:13 GMT

UAE-Israel Trade Soars by 117% in H1 2022

LG’s First-ever ‘Life’s Good Award’ To Uncover New Innovations for a Better Life for All
September 8th, 2022 - 06:33 GMT

LG’s First-ever ‘Life’s Good Award’ To Uncover New Innovations for a Better Life for All

As part of its continued drive to ensure customers ‘fly better’, Emirates has selected the new Thales’ AVANT Up system for its incoming fleet of Airbus A350 aircraft, scheduled for delivery in 2024.    The airline’s investment of over US$ 350 million will see its 50-strong fleet of A350s equipped with next-generation inflight entertainment solutions that offer a memorable cinematic and personalised passenger experience.     Adel al Redha, Emirates’ Chief Operating Officer said: "Emirates has always regarded
September 8th, 2022 - 06:19 GMT

Emirates Invests Over Us $ 350 Million in Next-generation Inflight Entertainment Systems for New A350 Fleet

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