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AI Insights · Timothy · April 2023

Top 5 Finance Apps on iOS in UAE, Q1 2023

Discover the performance trends of the top 5 finance apps on iOS in the UAE during Q1 2023. Insights from Sensor Tower reveal key metrics such as downloads, revenue, and active users.

Top 5 Finance Apps on iOS in UAE, Q1 2023

During the first quarter of 2023, the top five finance apps on iOS in the United Arab Emirates saw varied performance trends in terms of weekly downloads, active users, and revenue. Here’s a closer look at each app's performance:

ILOE by Dubai Insurance experienced a fluctuating trend in weekly downloads, starting strong with 19.1K in the second week of January and then dipping to 3.8K by early March, before seeing a slight rise to 5.5K by the end of the quarter. Active users also showed a similar pattern, peaking at 23.6K in early January and then stabilizing around 15.8K by the end of March.

ENBD X from Emirates NBD Bank P.J.S.C maintained a consistent level of weekly downloads, ranging between 5.5K and 7.2K throughout the quarter, with a notable peak of 7.1K in the final week of March. The app’s active users steadily increased from 28.6K in early January to approximately 37K by the end of March, showcasing a strong growth trajectory.

FAB Mobile Banking by First Abu Dhabi Bank had a stable download rate, with weekly downloads fluctuating between 3.5K and 5.4K. The app's active user numbers remained relatively consistent, starting at 50.3K in early January and ending the quarter at around 51.8K.

ADCB by ADCB showed a steady increase in weekly downloads, beginning at 3.6K in late December and rising to 4.6K by the end of March. The app’s active users also saw growth, starting at 60.6K and reaching approximately 64.2K by the end of the quarter.

Emirates NBD, another app by Emirates NBD Bank P.J.S.C, had a stable download rate, with weekly downloads around the 3.5K to 3.9K mark. Active users for this app remained fairly consistent, starting the year at 47.9K and ending the quarter at just under 48K.

These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower's platform.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023