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Another Emirati bank posts bumper earnings in 2023
Revenues stood at AED 43 bn in 2023, up 32% 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
DIB’s net income rises 26% to AED 7 bn in 2023
The largest Islamic bank in the UAE’s total income stood at AED 20 bn during the year, up 43% y-o-y
ADIB reports bumper 2023 earnings
ADIB's bottom line rose by 45%, while its top line reached AED 9.3 bn
UBP Middle East has a new CEO + Sharjah Government appoints new dep’t heads
UBP appointed Mohamed Shoukry as its CEO, succeeding Mohamed Hamed Abdellatif
Emirates NBD has escrow services for real estate developers
The agreement will allow the bank to offer escrow services in Ras Al Khaimah as an account trustee
Emirates NBD Capital appointed bookrunner for QIIB + advising on Fourth Mill IPO
Emirates NBD Capital joins Al Rayan Investment, Dukhan Bank, KFH Capital, and QNB Capital
DIB appoints new treasury chief
Saeed Wajidi succeeds Muhammad Saleem, who served in the position since 2006
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