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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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Kuwait Financial Centre “Markaz”
April 3rd, 2024 - 03:43 GMT

Markaz: Geopolitical uncertainty impacts GCC markets' performance

Abu Dhabi Islamic Bank HQ
April 3rd, 2024 - 02:56 GMT

Moody's Upgrades ADIB’s Baseline Credit Assessment, Reflecting the Bank’s Strong Financial Position

Al Salam Bank Signs Definitive Agreements for the Acquisition of Kuwait Finance House-Bahrain B.S.C. (c)
April 2nd, 2024 - 09:22 GMT

Al Salam Bank Signs Definitive Agreements for the Acquisition of Kuwait Finance House-Bahrain B.S.C. (c)

Applications open in Jordan for Visa Everywhere Initiative, a global innovation competition for fintech startups
April 2nd, 2024 - 06:42 GMT

Applications open in Jordan for Visa Everywhere Initiative, a global innovation competition for fintech startups

Trump posts $175 million bond after losing $1B as his company stock takes a nosedive
April 2nd, 2024 - 12:47 GMT

Trump pays $175 million bond after losing $1B as his company stock takes a nosedive

ADIB Appoints Talha Karim as Group Chief Risk Officer
April 1st, 2024 - 07:33 GMT

ADIB Appoints Talha Karim as Group Chief Risk Officer

Gold prices in United Arab Emirates Today Monday 1 April
April 1st, 2024 - 05:50 GMT

Gold prices in United Arab Emirates Today Monday 1 April

Gold prices in Riyadh today, Monday 1 April
April 1st, 2024 - 05:50 GMT

Gold prices in Riyadh today, Monday 1 April

Gold prices Today Monday, 1 April in Doha
April 1st, 2024 - 05:50 GMT

Gold prices Today Monday, 1 April in Doha

Gold prices in Amman Today Monday, April 1
April 1st, 2024 - 05:50 GMT

Gold prices in Amman Today Monday, April 1

Burgan Bank Distributes Ramadan Iftar Meals in Collaboration with Kuwait Food Bank
April 1st, 2024 - 05:35 GMT

Burgan Bank Distributes Ramadan Iftar Meals in Collaboration with Kuwait Food Bank

Burgan Bank Demonstrates Significant Progress in Implementing its Long-term Strategy of Transformation and Change in 2023
March 31st, 2024 - 08:08 GMT

Burgan Bank Demonstrates Significant Progress in Implementing its Long-term Strategy of Transformation and Change in 2023

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