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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 year was by some measures the safest in the history of commercial aviation, despite two high-profile crashes involving Malaysia Airlines aircraft in which hundreds of people were killed,
March 9th, 2015 - 06:30 GMT

A year later: how safe is flying after the Malaysian airlines' disasters?

Al Bawaba
March 9th, 2015 - 06:24 GMT

Etihad's debut A380 Residence flight receives 'overwhelming' response in US

The World Bank Group stated last week that it provides support for the economic conference in Sharm El-Sheikh through "policy advice and the mobilisation of international expertise".
March 9th, 2015 - 06:08 GMT

Hand in hand: high-level World Bank delegation to participate in Egypt's economic summit

Al Bawaba
March 9th, 2015 - 05:59 GMT

From oxymoron to reality: introducing affordable housing in Dubai

Al Bawaba
March 9th, 2015 - 05:47 GMT

Paving the way: Qatari women, Qatarization, and breaking economic boundaries

Kahramaa will soon sign a strategic pact with QEWC for purchase of potable water from the company for 25 years, it added.
March 9th, 2015 - 01:10 GMT

Turning the tide to reverse osmosis: Qatar to set up $550 million desalination plant

Al Bawaba
March 9th, 2015 - 12:57 GMT

From fitness apps to fashion statements, but no Steve Jobs: Apple treads new territory with smart watch

A two-thirds drop in Asian LNG prices is making the fuel cost competitive against oil in the industrial power sector.
March 9th, 2015 - 12:46 GMT

It's never over: Goldman Sachs says oil prices can fall back to $40

Al Bawaba
March 9th, 2015 - 12:41 GMT

Spread the word: why you should never disclose your salary in a job posting

Al Bawaba
March 9th, 2015 - 11:47 GMT

Software AG launches event analytics for Adabas – Bringing the latest big data security technology to the mainframe

Al Bawaba
March 9th, 2015 - 11:37 GMT

Good choice of date: Girls in Tech-Jordan chapter launched

Al Bawaba
March 9th, 2015 - 11:28 GMT

Gulf Bank moving toward a new path after completing its recovery, The Bank elects Board of Directors

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