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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 5th, 2015 - 05:40 GMT

Qatar Foundation honours 298 long serving members of staff

HSBC Bank AGM
April 5th, 2015 - 05:33 GMT

HSBC Bank Oman’s Shareholders approve cash dividend and elect new board of directors

Microsoft
April 5th, 2015 - 05:30 GMT

Microsoft Jordan launches second ‘Technology Rocks!’ student competition

Range Rover
April 5th, 2015 - 05:21 GMT

Range Rover Autobiography: 21 Years of Rewriting Luxury

Al Bawaba
April 5th, 2015 - 04:19 GMT

Overwhelming response of ‘Arabian Nights Food Festival’ prompts Elaf Jeddah Hotel to extend event for another week

Construction on the project had originally been due to start in the third quarter of 2014, with the first homes to be delivered in early 2017.
April 3rd, 2015 - 07:28 GMT

Secured housing: Arabtec seals $36 billion deal with Egypt

It added that the subsidiary was never asked by Turkish authorities to take any specific measure with regard to combating money laundering and terrorist financing, as alleged the newspaper.
April 3rd, 2015 - 06:53 GMT

'We're not related': Bank Audi denies ties to Daesh

Al Bawaba
April 3rd, 2015 - 05:34 GMT

What will the Iran nuclear deal mean for oil markets?

Al Bawaba
April 3rd, 2015 - 05:13 GMT

Yemen, shale, fracking and an unfolding new energy market

The app, which is completely free, is now available for iOS and Windows Phone users. (Jeltee)
April 3rd, 2015 - 11:49 GMT

'Tinder-like': Two expats launch new app for meeting people in the UAE

Al Bawaba
April 3rd, 2015 - 11:25 GMT

Revealed: the GCC's best 100 CEO's

Price of Kuwaiti oil averaged well above $100 a barrel last fiscal year but is currently hovering around $50.
April 3rd, 2015 - 11:08 GMT

Time to face the realities: Kuwait income plunges by $24 billion over extended oil slump

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