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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

Riyad Capital and the Saudi Railway Company (SAR) launch a real estate fund in Makkah worth up to SAR 6 Billion

October 22, 2025

4most and Reporting Center launch partnership to shape the future of RegTech in the UAE

October 22, 2025

DIB and HCLTech forge strategic AI Innovation partnership

October 22, 2025

Al Ansari Exchange pledges AED 50 Million to support the Hamdan Bin Rashid Cancer Hospital

October 21, 2025

Mbank’s millionaire campaign rewards over 7,000 prizes and a AED 1 Million Grand Draw

October 21, 2025

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