UAE In-focus: ADIB Q1 net profits rise 54% to $300m

UAE In-focus: ADIB Q1 net profits rise 54% to $300m

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RIYADH: Abu Dhabi Islamic Bank announced a 54 percent increase in net profit to 1.1 billion dirhams ($300 million) in the first quarter of 2022 compared to 715 million dirhams in the same period of last year, driven by solid business growth and greater margins. The bank’s revenues booked a 45…

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