Special Report - (Namazone):

The positivity overtook the results of the top ten in the UAE, in 2019, led by Emirates NBD, and the assistance of another bank, the first Abu Dhabi Bank, which was the runner-up.

> According to data available on the website (Namazon), the consolidated profits of the top ten in the UAE market increased by 7.4% in 2019, compared to the previous year, after a strong rise in Dubai National profits.

The net profit of the top 10 companies in terms of the highest profits in the UAE market was about 61.5 billion dirhams, last year, compared to 57.3 billion dirhams for 2018.

always on top

The Emirates NBD came in the top ten, after the bank’s profits jumped about 44.45% in 2019 to 14.5 billion riyals, representing about 23.6% of the total profits .

The chief investment officer of Emirates NBD, Maurice Graffier, told a press conference in early February that the investment distributions of the bank are expected to yield single-income revenues in 2020.