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Dubai News Club > Finance > UAE banks lead Gulf Bank with net profits of 20.5 billion dirhams during the first quarter
Finance

UAE banks lead Gulf Bank with net profits of 20.5 billion dirhams during the first quarter

Press Room
Last updated: 2024/05/22
Press Room
Published: May 22, 2024
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An economic report issued by Kamco Invest revealed that the net profits of the Gulf banking sector increased on a quarterly basis by 11.8%, and on an annual basis by 10.5%, to reach $14.4 billion (52.8 billion dirhams) in the first quarter…

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