FAB achieves H1 2024 group net profit of AED 8.4bn

First Abu Dhabi Bank has delivered record results for the first half of 2024, with a net profit of AED 8.4 billion, revenue of AED 15.7 billion (+16 percent year-on-year), underscoring the bank's consistent growth trajectory, while pre-tax profit grew by 15 percent year-over-year to AED 10.0 billion. Net profit for Q2 '24 was AED … Read more

Erdogan says Turkiye might enter Israel to help Palestinians

BEIRUT: Lebanon on Sunday called for an international investigation into an attack that killed 12 people, including children, in the Israeli-annexed Golan Heights, warning of a large-scale retaliation. Hezbollah rejected Israel's accusation that it bombed Majdal Shams on Saturday, saying in a statement that “the Islamic Resistance has nothing to do with the incident, and … Read more

‘Immediate steps’ needed toward Gaza ceasefire, UK’s Starmer tells Israel’s President Herzog

How have post-Oct. 7 events affected the chances of Palestinian statehood? LONDON: On Oct. 6 last year, the prospect of ending the Israeli-Palestinian conflict via the two-state solution seemed as far from becoming a reality as ever. Yet in the wake of the Hamas-led attack of Oct. 7, and Israel’s retaliation in Gaza, new life … Read more