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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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Last month the Lebanese Army received a shipment of 30 tanks and 12 howitzers from Jordan.
March 25th, 2015 - 05:41 GMT

Jordan steps in: EU sanctions obstruct Russia-Lebanon arms deal

"Everybody gets a little more imaginative, because they need to," says Hans-Christian Freitag, vice president of technology for the drilling services company Baker Hughes.
March 25th, 2015 - 05:39 GMT

Shale won't go stale: US drillers have decided to fight OPEC back

Al Bawaba
March 25th, 2015 - 03:08 GMT

Egyptian experts divided over Ethiopian Dam declaration

Al Bawaba
March 25th, 2015 - 03:00 GMT

Jaguar unveils new ‘lightweight’ model

Al Bawaba
March 25th, 2015 - 02:31 GMT

At least someone likes him: Moody's welcomes Netanyahu's election win

"Turkey is emerging as a future leading jewelry manufacturer, and the connection between us is strategically important."
March 25th, 2015 - 02:03 GMT

Blood diamond indeed: Israel to help Turkey set up diamond industry

Al Bawaba
March 25th, 2015 - 01:49 GMT

Against the current: EU reimposes sanctions on Iranian shipping

Al Bawaba
March 25th, 2015 - 12:22 GMT

Betting on the counterintuitive: should you be doing business in Greece?

Al Bawaba
March 25th, 2015 - 12:18 GMT

Full potential of solar energy eclipsed

Al Bawaba
March 25th, 2015 - 11:58 GMT

A 'decisive moment': Samsung counting on on S6 and S6 Edge to overtake Apple

39% of professionals in the Middle East feel that the hospitality industry is one that is attracting top talent
March 25th, 2015 - 11:34 GMT

A hospitable industry: Hoteliers reveals what they look for when hiring

Al Bawaba
March 25th, 2015 - 11:19 GMT

Capital Club partners with Happometer

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