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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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Al Bawaba
April 12th, 2015 - 03:11 GMT

Samsung S6, S6 Edge receive warm welcome in Saudi Arabia

Al Bawaba
April 12th, 2015 - 02:48 GMT

Take a coffee break? Nissan launches feature that detects drowsy driving

FlyBaghdad, owned by Iraqi investors, is expected to start flights to neighbouring countries by July, complementing state- backed Iraqi Airways,
April 12th, 2015 - 02:24 GMT

Opportunity in vacuum: Iraq launches FlyBaghdad to fill void left by airline exodus

Global brands such as Moncler, La Perla, Hugo Boss and Sauce will also be moving their regional headquarters into the development,
April 12th, 2015 - 11:54 GMT

Global designers make the move: Dubai Design District on the way as new fashion capital

Al Bawaba
April 12th, 2015 - 11:43 GMT

Why the biggest fight in the tech industry is the one for relevance

Even as Bahrain hobbles out of the Arab Spring, ongoing oil price volatility is proving to be its next big challenge.
April 12th, 2015 - 11:37 GMT

Can Bahrian emerge from the oil price plunge 'stronger than ever'?

Omair explained that the ratio of Saudi women assuming senior administrative positions has increased from 19 percent in 2004 to 24 percent in 2014.
April 12th, 2015 - 04:55 GMT

Not giving in: Saudi women increasingly demand higher positions

The kingdom that exports 7.0 million barrels per day on average will see oil revenues fall by 35 percent to $171.8 billion in 2015,
April 12th, 2015 - 03:55 GMT

The time has come: Saudi Arabia to borrow to finance soaring deficit

Al Bawaba
April 11th, 2015 - 01:50 GMT

Didn't get that job? Here are 10 possible reasons why

"When should I start saving for retirement?" The answer is simple: As soon as you can. (Image: Pixabay)
April 11th, 2015 - 01:35 GMT

Leaving it late? Saving for retirement at 40

Al Bawaba
April 11th, 2015 - 01:13 GMT

Time out! Apple Watch pre-orders sell out in hours

Al Bawaba
April 11th, 2015 - 12:59 GMT

Tidal, Jay Z's Spotify challenger - sounds like a rip-off

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