ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday offered …
Read More »Adib net profit soars 54% to reach AED1.1bn in Q1
Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) reported a growth in net profit of 54% for the first quarter of 2023 to AED1.1 billion from AED715 million in Q1 2022, underpinned by healthy business growth and higher margins. Revenue for Q1 2023 improved by 45% to AED2.0 billion compared to AED 1.4 billion in the corresponding period of …
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