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Banking & Finance

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

MEA Finance - January 29, 2025 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

QNB Group’s half-year profit jumps 7% to $2.2 billion

MEA Finance - July 11, 2024 0

Operating income grew by 9% to reach $5.5 billion, reflecting QNB’s ability to maintain growth across diverse revenue sources

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Banking & Finance

UAE banking sector poised for continued growth in 2024

MEA Finance - March 18, 2024 0

Total assets of banks operating in the UAE increased by 3.1% quarter-on-quarter in Q4 2023 to reach AED 4.075 trillion

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Latest news

FAB launches annual outlook report, predicting GCC to outpace the global economy in 2025

February 21, 2025

Mastercard SME Confidence Index: Optimism at a high as businesses in the UAE embrace digital growth and expansion

February 20, 2025

Bank of Singapore unveils “2025 Supertrends” highlighting key aspects influencing Global Investment Outlook

February 20, 2025

Golden Global Investment Bank joins the IILM’s global network of Primary Dealers

February 19, 2025

Mastercard partners with Tamara to scale split payment solutions in the UAE

February 19, 2025

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