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Banking & Finance

First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

MEA Finance - 0
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
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Banking & Finance

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

MEA Finance - 0
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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Banking & Finance

Emirates NBD’s Q1 2024 profit surges 67% to AED 6.7 billion

MEA Finance - 0
The group’s asset base surpassed AED 900 billion as retail lending had its strongest-ever quarter and corporate lending closed landmark deals
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Banking & Finance

Egypt’s FABMISR reports 131% increase in full-year profit

MEA Finance - 0
The bank’s total assets rose to EGP 295.4 billion in December 2023, a 43% increase from 2022
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Banking & Finance

ADIB full year net profit rises 45% to AED 5.25 billion

MEA Finance - 0
Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
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