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  • Fintech News
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      • 2025
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Breaking News

ADIB becomes UAE’s first bank licensed to operate as an open finance provider under the UAE’s Open Finance Altareq Initiative
Barings opens office in Abu Dhabi to strengthen Middle East presence
Nasdaq Dubai Sustains Strong Momentum in Q1 2026, Raising over $8bln in Fixed Income Listings
Mashreq partners with Toothpick to launch UAE’s First Digital Loan Solution for Healthcare Services
Qatar Islamic Bank (QIB) achieves QAR 986mln net profit for three months’ period ended 31 March 2026

Growth

Banque Misr Achieves Remarkable Growth in 2023 with EGP 52.9 Billion Net Profit

Banque Misr Achieves Remarkable Growth in 2023 with EGP 52.9 Billion Net Profit

By Fintech News UAE Staff September 20, 2024 0

The General Assembly of Banque Misr approved the financial statements for the fiscal year ending on December 31, 2023, highlighting remarkable growth in all business sectors. The bank’s total financial position reached EGP 2.6 trillion, showing a 14.9% growth from the previous year. A significant jump of 32.9% was observed in the net direct loans […]

RAKBANK posts AED 1.2B Net Profit

RAKBANK posts AED 1.2B Net Profit (before tax) up 33% YoY in H1-2024

By Fintech News UAE Staff July 31, 2024 0

RAKBANK has reported impressive financial results for the first half of 2024, showcasing significant growth in key metrics. The bank’s net profit before tax surged by 33% to AED 1.2 billion, while net profit after tax increased by 21% year-on-year, reaching AED 1.1 billion. Total income for the period rose by 8.7% to AED 2.3 […]

Recent Posts

  • ADIB becomes UAE’s first bank licensed to operate as an open finance provider under the UAE’s Open Finance Altareq Initiative April 16, 2026
  • Barings opens office in Abu Dhabi to strengthen Middle East presence April 16, 2026
  • Nasdaq Dubai Sustains Strong Momentum in Q1 2026, Raising over $8bln in Fixed Income Listings April 16, 2026
  • Mashreq partners with Toothpick to launch UAE’s First Digital Loan Solution for Healthcare Services April 16, 2026
  • Qatar Islamic Bank (QIB) achieves QAR 986mln net profit for three months’ period ended 31 March 2026 April 16, 2026

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