
First Abu Dhabi Bank is among the UAE lenders reporting improved profitability amid rising interest rates. Chris Whiteoak / The National
First Abu Dhabi Bank is among the UAE lenders reporting improved profitability amid rising interest rates. Chris Whiteoak / The National
Interest rate increases and macroeconomic tailwinds ‘to boost profitability of UAE banks’
Expected 300-basis point rise in US rates will drive up the net interest income of lenders in the Emirates, EFG Hermes says