Banking & Finance

Banking & Finance

UAE’s ADIB posts AED6.1 billion in net profit for 2024

MEA Finance - 0
ADIB’s board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.03 billion
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Banking & Finance

Commercial Bank of Dubai propels UAE’s AI vision with ‘Promptathon’ Copilot event in partnership with Microsoft

MEA Finance - 0
Commercial Bank of Dubai (CBD) hosted a Microsoft Copilot Promptathon event, partnering with the Microsoft Innovation Hub, aligning with the UAE’s vision to lead...
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Banking & Finance

Emirates NBD posts AED 23 billion net profit after tax in 2024

MEA Finance - 0
Revenue climbed to over AED 44 billion in 2024, driven by the group’s strategic investment in digital banking and branch networks
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Banking & Finance

ADCB aims to double net profit to AED20 billion in five years

MEA Finance - 0
ADCB’s full-year net profit rose by 15% in 2024 to AED 9.42 billion in 2024 from AED 8.21 billion a year earlier
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Banking & Finance

Network International powers UAE’s first Jaywan cards for Emirates NBD

MEA Finance - 0
Network International has been appointed by Emirates NBD to enable acceptance of Jaywan cards issued by the bank at Network’s merchant terminals. Network will...
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Banking & Finance

RAKBANK profit hit record AED 2 billion for the first time

MEA Finance - 0
RAKBANK said that its profit after tax hit a record AED 2.1 billion, up 16% year on year
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Banking & Finance

FAB deploys Oracle Fusion Cloud HCM to build an AI-ready workforce

MEA Finance - 0
With Oracle Cloud HCM, FAB will be able to unify, plan, manage, and optimise global people processes with one common data source
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Banking & Finance

ADCB achieves 100% Emiratisation across branches in Al Ain

MEA Finance - 0
The bank has set an industry benchmark in Emiratisation where all its branches at Al Ain now employ approximately 300 UAE national professionals
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Banking & Finance

Ajman Bank records historic high with annual profits of AED 440 million, up 213%

MEA Finance - 0
His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of the Executive Council, and Chairman of the Board of Directors...
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Banking & Finance

Mashreq expands corporate banking footprint to Oman with tailored financial solutions

MEA Finance - 0
Mashreq has announced its entry into Oman, seeking to strengthen its position with a range of personalized financial services tailored for the Sultanate’s evolving...
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