The UAE’s economy is expected to grow by 4.8% in 2025 and the growth rate will rise to about 5% in 2026, according to the International Monetary Fund (IMF).
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today announced a record group net profit of AED21.11 billion ($5.75 billion), up 24% year-on-year (yoy).