UAE’s largest 10 banks earned AED 82.8 bn in net income in 2024
Total interest income rose 6.7% y-o-y
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Total interest income rose 6.7% y-o-y
PLUS: FAB eyes former Citigroup vice chairman
The two have penciled in more optimistic growth predictions than the IMF, World Bank, and the CBUAE’s 2025 forecasts
The facility will include a Murabaha tranche to incorporate both Islamic and conventional financing
Adnoc Gas saw net income hit a new record in 2024
Aldar secured the tightest spread for a corporate hybrid issuance in CEEMEA
Plus: UAE, Malaysia could finalize trade agreement next week
ALSO- Abu Dhabi was awarded the UN Tourism QUEST certification for its excellence in destination management
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