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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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Bank ABC Egypt successfully completes integration  with BLOM Bank Egypt
March 21st, 2024 - 11:25 GMT

Bank ABC Egypt successfully completes integration with BLOM Bank Egypt

ADIB offers grace period on personal finance payments during the holy month of Ramadan
March 21st, 2024 - 10:28 GMT

ADIB offers grace period on personal finance payments during the holy month of Ramadan

Reddit goes public with top of the range $34 per share, valuing at $6.4B
March 21st, 2024 - 09:48 GMT

Reddit goes public with top of the range $34 per share, valuing at $6.4B

Gold prices in Doha Today Thursday 21 March 2024
March 21st, 2024 - 06:20 GMT

Gold prices in Doha Today Thursday 21 March 2024

Gold prices in Riyadh Today 21 March 2024
March 21st, 2024 - 06:20 GMT

Gold prices in Riyadh Today 21 March 2024

Gold prices in Amman Today Thursday 21 March 2024
March 21st, 2024 - 06:20 GMT

Gold prices in Amman Today Thursday 21 March 2024

Gold prices in Dubai Today Thursday 21 March 2024
March 21st, 2024 - 06:20 GMT

Gold prices in Dubai Today Thursday 21 March 2024

NBB Launches Innovative Digital Personal Financing
March 21st, 2024 - 05:51 GMT

NBB Launches Innovative Digital Personal Financing

France fines Google $270M as its Gemini AI bot broke media agreement
March 20th, 2024 - 05:54 GMT

France fines Google $270M as its Gemini AI bot broke media agreement

Sharjah Islamic Bank aims to distribute 4000 food baskets to needy families as part of the "Mirak at your doorstep" initiative
March 20th, 2024 - 10:42 GMT

Sharjah Islamic Bank aims to distribute 4000 food baskets to needy families as part of the "Mirak at your doorstep" initiative

Moving forward together: Dubai Islamic Bank teams up with Fitze for another first – the Ramadan “Move-a-Thon”
March 20th, 2024 - 09:46 GMT

Moving forward together: Dubai Islamic Bank teams up with Fitze for another first – the Ramadan “Move-a-Thon”

Burgan Bank Participates in Kuwait Women’s Economic Empowerment Platform Event
March 20th, 2024 - 07:45 GMT

Burgan Bank Participates in Kuwait Women’s Economic Empowerment Platform Event

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