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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

MENA M&A activity witnessed 425 deals valued at US$58.7b in H1 2025

August 19, 2025

Zand and Mastercard announce a strategic collaboration to enhance Cross-Border Payment Solutions

August 18, 2025

Money20/20 Middle East brings together fintech leaders shaping the future of finance

August 18, 2025

Worldpay leverages Mastercard Move to empower consumers and businesses to send and receive payments quickly and securely in the UAE

August 18, 2025

HSBC Egypt launches Treasury APIs unlocking real-time access to its award-winning Cash Management Services

August 13, 2025

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