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Banking & Finance

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

MEA Finance -
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
Banking & Finance

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

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

UAE banking sector poised for continued growth in 2024

MEA Finance -
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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