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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-Ahmadi Governor Honors Burgan Bank for Its Contribution and Support in the Community Initiatives
October 22nd, 2020 - 06:07 GMT

Al-Ahmadi Governor Honors Burgan Bank for Its Contribution and Support in the Community Initiatives

Why Do More Central Banks Consider Digital Currencies As an Option?
October 22nd, 2020 - 06:00 GMT

Why Do More Central Banks Consider Digital Currencies As an Option?

Mastercard Priceless Planet Coalition Welcomes Expo 2020 Dubai, Emirates NBD, Network International as Strategic Partners To Fight Climate Change
October 21st, 2020 - 01:50 GMT

Mastercard Priceless Planet Coalition Welcomes Expo 2020 Dubai, Emirates NBD, Network International as Strategic Partners To Fight Climate Change

H.e. Obaid Humaid Al Tayer Heads UAE Delegation in Tel Aviv
October 21st, 2020 - 11:06 GMT

H.E. Obaid Humaid Al Tayer Heads UAE Delegation in Tel Aviv

Al Salam Bank-Bahrain Announces First Winner of One of Three Monthly Grand Prizes of $ 100,000
October 21st, 2020 - 10:06 GMT

Al Salam Bank-Bahrain Announces First Winner of One of Three Monthly Grand Prizes of $ 100,000

IMF: Digital Money Carries Both Promises, Risks
October 21st, 2020 - 09:30 GMT

IMF: Digital Money Carries Both Promises, Risks

FAB Shareholders Approve Transfer of Legacy FGB Banking Licence To ADQ
October 21st, 2020 - 08:43 GMT

FAB Shareholders Approve Transfer of Legacy FGB Banking Licence To ADQ

Dubai Islamic Bank 3rd Quarter 2020 Group Financial Results
October 21st, 2020 - 06:30 GMT

Dubai Islamic Bank 3rd Quarter 2020 Group Financial Results

What Does the Future Holds for Cryptocurrencies?
October 20th, 2020 - 12:00 GMT

What Does the Future Holds for Cryptocurrencies?

NBO Celebrates Remarkable Achievements of Omani Women With Line-up of Special Events for Omani Women’s Day
October 20th, 2020 - 11:18 GMT

NBO Celebrates Remarkable Achievements of Omani Women With Line-up of Special Events for Omani Women’s Day

Boursa Kuwait Underscores Commitment To Driving Growth in Kuwait’s Financial Sector at IFN Kuwait Onair Forum 2020
October 20th, 2020 - 09:40 GMT

Boursa Kuwait Underscores Commitment To Driving Growth in Kuwait’s Financial Sector at IFN Kuwait Onair Forum 2020

4th Middle East and Africa FinTech Forum To Take Place in November 2020
October 20th, 2020 - 06:47 GMT

4th Middle East and Africa FinTech Forum To Take Place in November 2020

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