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FAB Net Profit Surpasses AED10 Billion for First Time

Abu dhabi: First Abu Dhabi Bank (FAB) has delivered a record financial performance in the first half of 2025, reporting a net profit of AED10.63 billion, up 26 percent year-on-year, surpassing the AED10 billion mark for the first time in a half-year p…

Trump Announces Trade Deal with Japan

Abu dhabi: President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15 percent tax on goods imported from that nation. ‘We just completed a massive Deal with Japan, perhaps the largest Deal ever made,’ Trump wrote on his Tru…

Kuwait Oil Price Decreases to US$71.01 Per Barrel

Kuwait city: The price of oil in Kuwait saw a decline, with figures dropping by 28 cents to reach US$71.01 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation on Wednesday. This marks a decrease from Monday’s price of US$71.29 per b…

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