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Banking & Finance

Mashreq reports record AED 9.9 billion net profit in 2024

MEA Finance -
 The bank’s net profit after AED 869 million tax stood at AED 9 billion, marking a 4% rise from the previous year
Banking & Finance

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

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

RAKBANK profit hit record AED 2 billion for the first time

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

National Bank of Fujairah’s 9M profit jumps 39.3% to AED 715 million

MEA Finance -
The bank’s net profit after tax stood at AED 650.4 million – an achievement that reflected not only strategic foresight but also operational excellence
Banking & Finance

ADCB posts 30% growth in nine-month net profit

MEA Finance -
The bank’s total assets grew by 19% to AED 639 billion by the end of September 2024, with net loans and advances to customers increasing by 21%
Banking & Finance

RAKBANK’s Q1 2024 profit jumps 39.7% to AED 629 million

MEA Finance -
Net interest income at AED 879.5 million is up 11.5% year-on-year, supported by a robust fee income of AED 294.9 million

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