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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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Gold prices in United Arab Emirates Today Monday 25 March
March 25th, 2024 - 06:03 GMT

Gold prices in United Arab Emirates Today Monday 25 March

Bank ABC’s 2024 AGM and EGM concluded with Shareholders approving cash dividends amounting to US$ 70m, a 50% increase Year on Year (YOY), and an AT1 capital issuance of up to US$ 400m
March 25th, 2024 - 05:42 GMT

Bank ABC’s 2024 AGM and EGM concluded with Shareholders approving cash dividends amounting to US$ 70m, a 50% increase Year on Year (YOY), and an AT1 capital issuance of up to US$ 400m

UAE, Saudi Arabia crypto investors made $554M, among top countries in 2023
March 24th, 2024 - 03:38 GMT

UAE, Saudi Arabia crypto investors made $554M, among top countries in 2023

KIB organizes She L.E.A.D event with a group of its women leaders
March 24th, 2024 - 07:40 GMT

KIB organizes She L.E.A.D event with a group of its women leaders

NBB Hosts Ramadan Ghabga
March 24th, 2024 - 07:06 GMT

NBB Hosts Ramadan Ghabga

Gold prices in Dubai Sunday 24 March 2024
March 24th, 2024 - 06:23 GMT

Gold prices in Dubai Sunday 24 March 2024

Gold prices in Doha Sunday 24 March 2024
March 24th, 2024 - 06:23 GMT

Gold prices in Doha Sunday 24 March 2024

Gold prices in Amman Today Sunday 24 March 2024
March 24th, 2024 - 06:23 GMT

Gold prices in Amman Today Sunday 24 March 2024

Gold prices in Riyadh Today 24 March 2024
March 24th, 2024 - 06:23 GMT

Gold prices in Riyadh Today 24 March 2024

Emirates Islamic Bank contributes AED 5 million to Mothers’ Endowment campaign
March 24th, 2024 - 06:13 GMT

Emirates Islamic Bank contributes AED 5 million to Mothers’ Endowment campaign

Donald Trump
March 22nd, 2024 - 11:02 GMT
Osama Ali

Trump claims nearly $500 Million amid real state fraud allegations

Turkish Liras
March 22nd, 2024 - 01:01 GMT
Osama Ali

Turmoil in Turkey's USD exchange rate as interest rates surge to unprecedented levels

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