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Banking and Finance

Banking and Finance latest

Invest Bank delivers AED 102 million profit before tax for 9M-2025, driven by solid income growth and robust balance sheet performance
November 10th, 2025 - 08:55 GMT

Invest Bank delivers AED 102 million profit before tax for 9M-2025, driven by solid income growth and robust balance sheet performance

Invest Bank today announced its financial results for the nine-month period ended September 30, 2025, reporting a profit before tax of AED 102M, reflecting continued momentum across income streams, balance sheet expansion, and strong recoveries. Key Financial Highlights • Total assets at AED 13.4 Bn (+24% YTD). • Net loans and advances at AED 6.6Bn (+46% YTD). • Customer Deposits at AED 11.1Bn (+28% YTD), with a CASA ratio of 29.4% (FY’24 : 26.6%). • Operating Income of AED 251.4Mn (+21% YoY), equally contributed by growth in core Net Interest ...
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Al Ansari Exchange
May 30th, 2012 - 10:01 GMT

Al Ansari Exchange to give away AED 2 million and 10 Nissan cars as part of summer rewards program

Al Bawaba
May 30th, 2012 - 09:23 GMT

MoF and NBAD organise a workshop on applications and properties of the second generation of the e-dirham system

Faisal Aqil, General Manager, Consumer and Wealth Management, Emirates Islamic Bank
May 30th, 2012 - 04:45 GMT

Emirates Islamic Bank launches first Islamic Banking iPhone application in UAE

Trading turnover and volume
May 29th, 2012 - 10:21 GMT

BFX successfully completes six months of trading

Al Bawaba
May 29th, 2012 - 09:08 GMT

Alpen Capital Qatar and The First Investor advise on a strategic investment in Bin Omran Trading & Contracting Co.

 Mr. Surour Alsamerai, General Manager, Human Resources at Gulf Bank receiving the ‘HR Professional of the Year’ award from Mr. Nicholas Watson, Global Marketing Director at Naseba during the awards ceremony held in Dubai
May 29th, 2012 - 08:25 GMT

Gulf Bank’s General Manager of Human Resources, Mr. Surour Alsamerai named ‘HR Professional of the Year’

Feelings towards economy, commerce and employment are relatively consistent across the MENA region, with regional sentiment for the current situation remains relatively low
May 28th, 2012 - 01:00 GMT

Arab wealth spring: MENA residents get richer year-on-year

Al Bawaba
May 28th, 2012 - 12:23 GMT

Emirates NBD launches campaign to encourage customer focus on saving

George Beatty, General Manager of Consumer and Elite Banking at NBAD
May 28th, 2012 - 09:33 GMT

NBAD appoints new GM of Consumer & Elite Banking

During the opening of the new Dubai Islamic Bank, Karama branch
May 28th, 2012 - 09:25 GMT

Dubai Islamic Bank opens doors to new Karama branch

It would seem that establishing a single currency across a set of neighbouring and even relatively like-minded countries essentially requires political union, preferably in advance
May 27th, 2012 - 10:01 GMT

Not the Euro: Gulf countries push for a single currency

Al Bawaba
May 27th, 2012 - 08:28 GMT

ADIB-Etihad guest card named Best Co-brand Card and Best Islamic Card in the Middle East

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