UAE: The Investment Banking and Markets unit at First Abu Dhabi Bank charted Q1 2025 revenue growth of 15% year-on-year (y-o-y) and 22% quarter-on-quarter (q-o-q) when reporting 22% y-o-y higher group pretax profit of AED6.13 billion (US$1.67 billion). The Personal, Business, Wealth and Privileged Client Banking group revenue was up 11% y-o-y and 7% q-o-q. Overall revenue at this banking group, which offers a range of Islamic products, rose 11% y-o-y to AED8.81 billion (US$2.4 billion), with double digit growth in all segments and supported by 22% growth in non-interest income.
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