Dubai banks earn 22.3B Dirhams first half
The profits of five banks listed on the Dubai Financial Market increased by 4% during the first half of 2026 compared to the same period in 2025, reaching a total of 22.3 billion dirhams versus 21.5 billion dirhams. Emirates NBD recorded the highest profits at 12.8 billion dirhams, a growth of 2.42%, with operating revenues rising by 17%. Mashreq Bank came in second with profits of 3.96 billion dirhams, achieving a growth of 16.2%. Dubai Islamic Bank maintained nearly steady profits at around 3.57 billion dirhams, while Dubai Islamic Bank recorded profits of 1.72 billion dirhams. The report also revealed a growth in operating revenues of up to 12.91%, highlighting strong overall performance that reflects the ongoing economic momentum in Dubai and the United Arab Emirates.
Notice: This Is an AI-Generated Summary
Comments (0)