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Baker McKenzie names UAE managing partner + Fidelity United Ins. and National Bank of Fujairah appoint new CEOs
Baker McKenzie tapped Mohammed Al Rasheed as its UAE managing partner
The UAE’s largest 10 banks raked in AED 20.8 bn worth of net income during 1Q
The top 10 banks saw their net income surge 9.3% q-o-q
‘Tis the season…
More 1Q 2024 earnings
ADIB extends AED 865 mn syndicated loan to Al Seer Marine and BGN
The loan is part of a wider USD 370 mn syndicated loan to finance the construction of VLGCs
Emirati banks had a good 2023
The top 10 banks saw their net income surge 54.1% y-o-y
NBF reports 113% jump in 2023 net income
NBF achieved record-breaking operating revenues of AED 2.3 bn, up 25.8% y-o-y
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