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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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Eshraq Investments Completes Acquisition of Goldilocks
August 9th, 2022 - 06:30 GMT

Eshraq Investments Completes Acquisition of Goldilocks

As Disruption Persists, Digital Investment will Drive Efficiency and Profitability
August 9th, 2022 - 06:11 GMT

As Disruption Persists, Digital Investment will Drive Efficiency and Profitability

Meet the 10 Middle Eastern Startups Heading to Pitch at Amsterdam’s Ignite for $10,000
August 9th, 2022 - 06:02 GMT

Meet the 10 Middle Eastern Startups Heading to Pitch at Amsterdam’s Ignite for $10,000

Two Georgetown Students at QF Win 25,000 QAR in QBIC Hackathon
August 9th, 2022 - 05:53 GMT

Two Georgetown Students at QF Win 25,000 QAR in QBIC Hackathon

W Hotels Makes Waves With the Opening of W Algarve
August 9th, 2022 - 05:46 GMT

W Hotels Makes Waves With the Opening of W Algarve

Mubadala Capital To Acquire Canada Cartage, the Leading Short-haul Trucking and Logistics Business in Canada
August 9th, 2022 - 05:38 GMT

Mubadala Capital To Acquire Canada Cartage, the Leading Short-haul Trucking and Logistics Business in Canada

New WCM-Q Program Teaches Young Qatari Scientists Key Lab Skills
August 9th, 2022 - 05:27 GMT

New WCM-Q Program Teaches Young Qatari Scientists Key Lab Skills

Crypto Prices Today: Bitcoin Close to $24K Levels
August 8th, 2022 - 07:54 GMT

Crypto Prices Today: Bitcoin Close to $24K Levels

‘Abu-Ghazaleh Global’ Signs MoU with Lebanon’s National Social Security Fund to Support Its Digital Transformation Plan
August 8th, 2022 - 10:55 GMT

‘Abu-Ghazaleh Global’ Signs MoU with Lebanon’s National Social Security Fund to Support Its Digital Transformation Plan

Unlocking Network-as-a-Service Opportunities in the Channel
August 8th, 2022 - 10:49 GMT

Unlocking Network-as-a-Service Opportunities in the Channel

Forbes Middle East Reveals The Middle East’s Top 25 Fintech Companies 2022
August 8th, 2022 - 10:30 GMT

Forbes Middle East Reveals The Middle East’s Top 25 Fintech Companies 2022

Elon Musk Claims Twitter Failed to Disclose Litigation Against Indian Govt
August 8th, 2022 - 10:20 GMT

Elon Musk Claims Twitter Failed to Disclose Litigation Against Indian Govt

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