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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

SWIFT User Group’s AGM supports digital transformation, enhancing UAE’s position as financial and trade hub

May 30, 2025

United Arab Bank partners with Emirates Face Recognition (EFR) to launch a seamless and Secure Digital Banking Experience via Its New Mobile App

May 30, 2025

CODE81 and Commercial Bank of Dubai signs MoU to accelerate digital transformation through advanced data analytics

May 30, 2025

Paytm appoints Ramana Kumar as CEO for Middle East Business

May 28, 2025

Ahli United Bank’s successful migration to Swift Alliance Cloud using DiXiO’s Smart Messaging Platform

May 28, 2025

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