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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
March 24th, 2015 - 07:23 GMT

Egypt's overall balance of payment widens

The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $2.5 billion, an earlier document showed.
March 24th, 2015 - 07:18 GMT

A full conversion: Ras Al-Khaimah Emirate launches $1bn 10-year sukuk

Al Bawaba
March 24th, 2015 - 07:15 GMT

Once again: Saudi Arabia tightens clamp on expat workers

Al Bawaba
March 24th, 2015 - 02:39 GMT

Short-term response? Saudi real estate shares tumble on new tax plan

Al Bawaba
March 24th, 2015 - 01:32 GMT

'Rising the least': How much are Arab expats being paid in the UAE?

Sources close to the project said all the basic infrastructure work has been completed and concrete columns are being erected.
March 24th, 2015 - 01:25 GMT

Prophet's mosque in Medina to host 1.6 million after Saudi expansion

Al Bawaba
March 24th, 2015 - 11:46 GMT

Dubai Customs pitches in 10 projects at Government Achievements Exhibition 2015

GROHE booth at ISH show
March 24th, 2015 - 11:28 GMT

New booth concept presents GROHE as complete bathroom supplier

During the event
March 24th, 2015 - 11:08 GMT

Leo Burnett Jordan wins two awards at Dubai Lynx International Festival of Creativity 2015

Anish Kanaran, channel director for Epicor in the Middle East, India and Africa
March 24th, 2015 - 10:29 GMT

Modern Information Systems joins Epicor Inspired Partner Network

Al Bawaba
March 24th, 2015 - 10:25 GMT

DEWA wins Best Smart Application award in UAE Government category

Al Bawaba
March 24th, 2015 - 10:16 GMT

National Bank of Fujairah issues second tranche of perpetual Tier 1 Capital of AED 500 million

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