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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 8th, 2015 - 05:49 GMT

Top machine learning and data analytics experts lead discussions in healthcare and security

Saudi Arabia is expected to grow at 2.6 per cent, according to a report by Samba Financial Group.
March 8th, 2015 - 04:55 GMT

Injecting stimulus: King Salman resorts to welfare spending at times of gloomy oil

Al Bawaba
March 8th, 2015 - 04:55 GMT

Small businesses, large demands: Bahrain's SME's demand 24/7 dispute resolution courts

Al Bawaba
March 7th, 2015 - 10:43 GMT

A critical milestone: BP overlooks geopolitical risk and announces $12 billion investment in Egypt

Al Bawaba
March 6th, 2015 - 09:27 GMT

From a retail tycoon to Amal Clooney: meet the Arab World's most powerful women

Meat prices fell 1.4 per cent, pulled down by cheaper beef, mutton and lamb that outweighed stable poultry prices and higher pork prices.
March 6th, 2015 - 09:10 GMT

Some positive news: food prices lowest in four-and-a-half years

After energy, the government is looking to attract investment in a number of other key sectors including manufacturing, real estate, petrochemicals, and tourism.
March 5th, 2015 - 06:48 GMT

Why Egypt's upcoming economic summit can be a 'backbone' for growth

Turning to the judicial sector, the department revealed that the percentage of female judges jumped from 6.2 in 2009 to 16 per cent in 2013.
March 5th, 2015 - 06:43 GMT

The great discrepancy: 90% of Jordanian women educated, only 16% employed

Al Bawaba
March 5th, 2015 - 06:37 GMT

Entrepreneurship requires entertaining a 'repulsive' idea

Bulldozers push earth and dredgers spit mud round the clock at Egypt’s Suez Canal in a race to quickly expand the strategic waterway for two-way traffic.
March 5th, 2015 - 06:21 GMT

Nationalist glory or economic revival? Why Egyptians are rushing for two-way traffic in the Suez Canal

The tough days that Egypt’s tourism industry has faced seem to be finally over after four years.
March 5th, 2015 - 06:08 GMT

Four years later: Egyptian tourism’s dark days seem to be ending

Al Bawaba
March 5th, 2015 - 05:56 GMT

Rebuilding labor demographics: Palestinian employment in Israeli construction doubles

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