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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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Center set to enhance operations in the areas of speed and consumption, energy efficiency, and hull performance
September 5th, 2022 - 04:06 GMT

Bahri Launches Phase One of its Fleet Performance Monitoring Center

AlMabarrah Alkhalifia Foundation Launches Its Summer Training Program for Ithra Students
September 5th, 2022 - 04:00 GMT

AlMabarrah Alkhalifia Foundation Launches Its Summer Training Program for Ithra Students

Burgan Bank Announces Final Winner of the Al-thuraya Salary Account Monthly Draw
September 5th, 2022 - 03:55 GMT

Burgan Bank Announces Final Winner of the Al-thuraya Salary Account Monthly Draw

WhatsApp to Stop Working on These iPhone Models Starting October
September 5th, 2022 - 12:00 GMT

WhatsApp to Stop Working on These iPhone Models Starting October

Euro Plummets Below 99 Cents, Lowest Rate in Two Decades
September 5th, 2022 - 11:30 GMT

Euro Plummets Below 99 Cents, Lowest Rate in Two Decades

Turkey; A Sanction Evasion Haven for Russia?
September 5th, 2022 - 11:00 GMT

Turkey; A Sanction Evasion Haven for Russia?

Investcorp Sells the Kö3 Office Building in Germany in Off-market Transaction
September 5th, 2022 - 10:13 GMT

Investcorp Sells the Kö3 Office Building in Germany in Off-market Transaction

Al Salam Bank Launches Youth-Centered Scheme
September 5th, 2022 - 10:06 GMT

Al Salam Bank Launches Youth-Centered Scheme

UAE: Dubai's Salik to Sell 1.5 Billion Shares in IPO
September 5th, 2022 - 10:03 GMT

UAE: Dubai's Salik to Sell 1.5 Billion Shares in IPO

DMCC’s Dubai Diamond Exchange Hosts Unveiling of One of the World’s Largest Flawless Pink Diamonds
September 5th, 2022 - 09:31 GMT

DMCC’s Dubai Diamond Exchange Hosts Unveiling of One of the World’s Largest Flawless Pink Diamonds

 Can SMBs win the war for talent without investing in HR technology?
September 5th, 2022 - 09:24 GMT

Can SMBs win the war for talent without investing in HR technology?

BMW Group Commences In-house Production of Fuel Cells for BMW IX5 Hydrogen in Munich
September 5th, 2022 - 09:06 GMT

BMW Group Commences In-house Production of Fuel Cells for BMW IX5 Hydrogen in Munich

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