First Abu Dhabi Bank posts Q2 net profit at $1.16bln; beats estimate

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July 29, 2024

First Abu Dhabi Bank posts Q2 net profit at $1.16bln; beats estimate

The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q2 2024 net profit of 4.26 billion dirhams ($1.16 billion)

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Oman sees surge in property investors as deals hit $8bln

Oman sees surge in property investors as deals hit $8bln

Oman sees surge in property investors as deals hit $8bln

Rising prices, weakening currency weigh on Egypt’s non-oil business activity

Rising prices, weakening currency weigh on Egypt’s non-oil business activity

Rising prices, weakening currency weigh on Egypt’s non-oil business activity

Abu Dhabi’s Mubadala outpaces Saudi PIF with $29bln in deals

$Abu Dhabi’s Mubadala\u00A0outpaces Saudi PIF\u00A0with $29bln in deals$

$Abu Dhabi’s Mubadala\u00A0outpaces Saudi PIF\u00A0with $29bln in deals$

Saudi's ACWA Power secures $692mln for wind power plant in Egypt

$Saudi's\u00A0ACWA Power secures $692mln for wind power plant in Egypt$

$Saudi's\u00A0ACWA Power secures $692mln for wind power plant in Egypt$

Saudi’s Derayah Financial gets CMA nod for IPO

Saudi’s Derayah Financial gets CMA nod for IPO

Saudi’s Derayah Financial gets CMA nod for IPO

Bahrain’s new $186mln treasury bills oversubscribed by 129%

Bahrain’s new $186mln treasury bills oversubscribed by 129%

Bahrain’s new $186mln treasury bills oversubscribed by 129%

Fitch revises Oman’s outlook to ‘positive’ as finances improve

Fitch revises Oman’s outlook to ‘positive’ as finances improve

Fitch revises Oman’s outlook to ‘positive’ as finances improve

VIDEO: Saudi beauty brand Nice One sets final offer price for IPO

Nice One, a Saudi online beauty retailer, has set its final offer price at 35 riyals ($9.31) per share, ahead of its IPO

ADNOC launches XRG, its $80bln low-carbon energy and chemicals investment company

ADNOC launches XRG, its $80bln low-carbon energy and chemicals investment company

ADNOC launches XRG, its $80bln low-carbon energy and chemicals investment company