Thursday, January 16, 2025

Economy

First Abu Dhabi: Quarterly net profit of AED 3.9 billion

Key performance indicators for the first quarter of 2023 show that First Abu Dhabi Bank achieved double-digit revenue growth, driven by business stability, higher...

The UAE is issuing 1.1 billion dirhams worth of Islamic treasury bonds

The UAE, represented by the Ministry of Finance as the issuer, announced the issuance of Islamic Treasury Sukuk "T-Sukuk" denominated in local currency Dirhams,...

RAK Bank’s net profit doubled in the first quarter

National Bank of Ras Al-Khaimah's net profit rose 104.6% year-on-year in the first quarter of this year, supported by increased revenues and improved provisions....

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