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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

BIL Suisse renews strategic partnership with Avaloq to accelerate digital transformation

July 14, 2026

Gulf International Bank B.S.C. Establishes US$ 3 Billion Certificate of Deposit Programme

July 14, 2026

ADIB and Dubai Department of Economy and Tourism sign agreement to offer SMEs a foundational toolkit for success

July 13, 2026

Sharjah Islamic Bank reports net profit of AED 804 million, up 15.3%, for the first half of 2026 while strengthening its capital base

July 13, 2026

Commercial Bank of Dubai prices USD 550 million Additional Tier 1 perpetual non-call 6-year Capital Securities

July 10, 2026

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