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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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Burgan Bank
March 22nd, 2015 - 05:17 GMT

Burgan Bank Annual General Assembly and Shafafiyah Forum to be held today

Because Jordan’s public debt remains very high, there is a need to steadfastly adhere to the planned public sector adjustment.
March 22nd, 2015 - 04:55 GMT

A sturdy relationship: Jordan, IMF reach tentative deal

Al Bawaba
March 22nd, 2015 - 04:55 GMT

Egypt passed the economic conference with flying colours, but what's next?

Al Bawaba
March 20th, 2015 - 04:40 GMT

SEHA International Pediatric Conference “Best Practice in Pediatrics” opens in Al Ain

He added that the budget was "disconnected" to oil prices.
March 19th, 2015 - 11:40 GMT

A crash diet? Iran passes new budget with just 25% in oil revenues

US-based social networking companies such as Facebook and LinkedIn have already established offices in Dubai to tap into the growing social media usage in the region.
March 19th, 2015 - 10:15 GMT

Following Facebook and Linkedin: Twitter to open Dubai office

Al Bawaba
March 19th, 2015 - 10:08 GMT

'Shecab': Jordanian women launch all-female taxis initiative

Al Bawaba
March 19th, 2015 - 10:05 GMT

What oil price dip? Salary hikes on the horizon in the Gulf

Al Bawaba
March 19th, 2015 - 02:25 GMT

Nasdaq-style crisis: is the Saudi stock market not ready to come out yet?

Lower fuel prices that slightly eased RJ's finances in 2014 were insufficient to offset the negative trends and a 3 per cent drop in passenger numbers
March 19th, 2015 - 01:10 GMT

Bad things happen to good airlines: Royal Jordanian posts more losses

Dubai’s index dropped 3.6 percent to a 10-week low of 3,408 points. All major stocks fell sharply and only a handful of small-caps closed higher.
March 19th, 2015 - 12:11 GMT

Panic sell-offs: Gulf markets slide after U.S. oil hits six-year low

Al Bawaba
March 19th, 2015 - 11:38 GMT

Emirates opens a dedicated lounge at Los Angeles International Airport

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