Emirates NBD’s income surges 12% to AED 23.9 billion on strong loan growth, regional expansion and innovative product offering. Lending increased by AED 41 billion (8%) in the first half of 2025, fuelled by very strong demand both in the UAE and across its growing international network. Deposits grew by AED 70 billion (10%) in […]
Abu Dhabi, UAE – July 23, 2025: The total banking sector assets in the UAE, including bankers’ acceptances, rose to over AED 4.749 trillion at the end of April 2025, reflecting a 0.6% month-on-month increase from approximately AED 4.719 trillion in March, according to the latest Monetary & Banking Developments – April 2025 report released […]
UAE: United Arab Bank (UAB) has announced a strategic partnership with Lune, a leading UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics solutions. This collaboration is set to enhance UAB’s upcoming mobile banking experience by delivering smarter, data-driven, and hyper-personalised customer journeys—further positioning the bank as innovation-led and customer-centric. The signing ceremony was attended […]
Sharjah, UAE – Bank of Sharjah has announced its financial results for the period ended 30 June 2025. The Bank posted a net profit of AED 268 million for the first half of 2025, compared to AED 171 million for the same period last year, representing a 57% year-on-year increase. On a quarterly basis, net profit rose to AED 152 million […]
RoTE at 20.5% in H1’25, firmly on track with medium term guidance of above 16% Total assets grew 11% ytd to AED 1.34 trillion underpinned by broad-based growth across the franchise Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a record financial […]
Ajman, United Arab Emirates: His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting on Tuesday to review key financial and administrative matters, and issue resolutions on commercial activities. Ajman Bank announced a profit before tax of AED […]
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for first Half of 2025. Key Financial Highlights – H1 2025 Profit after tax of D 1,374M for H1’25 up 26.1% over H1’24. Profit after tax for Q2’25 was D 669M, reflecting an increase of 22% YoY Operating […]
H1 2025 Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.10 per share in H1 2025 compared to AED 0.07 in the corresponding prior year period. Total income increased by 24% YoY […]
Abu Dhabi Commercial Bank reported net income of 2.57 billion dirhams ($699.7 million) for the second quarter on Monday, up 10.7% from the prior-year period, beating analyst expectations. Analysts had expected ADCB’s second-quarter profit at 2.33 billion dirhams, according to LSEG data. The bank reported a net profit of 2.32 billion dirhams in the quarter […]
Muscat: As the Kharif season draws travelers to the lush landscapes of Dhofar, Oman Arab Bank (OAB) is pleased to announce the launch of its seasonal Kharif Dhofar Campaign, designed exclusively for OAB Visa Credit Cardholders. This special initiative is set to enhance the travel and spending experience of customers visiting the scenic Dhofar region […]