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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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Saudi Arabia Issues New 5 Riyal Polymer Banknote
October 5th, 2020 - 11:30 GMT

Saudi Arabia Issues New 5 Riyal Polymer Banknote

Standard Chartered’s Global $1 Billion COVID-19 Commitment Will Include Multi-Million-Dollar Support for Healthcare in the Middle East
October 5th, 2020 - 07:59 GMT

Standard Chartered’s Global $1 Billion COVID-19 Commitment Will Include Multi-Million-Dollar Support for Healthcare in the Middle East

Crypto News Recap: Bitcoin Users In Egypt Rise Despite The Currency Unstable Status
October 5th, 2020 - 06:30 GMT

Crypto News Recap: Bitcoin Users In Egypt Rise Despite The Currency Unstable Status

NBO Teams up With State Street Global Advisors for Virtual Event To Discuss Global Market Trends
October 4th, 2020 - 12:24 GMT

NBO Teams up With State Street Global Advisors for Virtual Event To Discuss Global Market Trends

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
October 4th, 2020 - 12:02 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Al Salam Bank Launches Campaign Offering Its Credit and Prepaid Card Holders the Chance To Win Cash and Gold Prizes
October 4th, 2020 - 05:55 GMT

Al Salam Bank Launches Campaign Offering Its Credit and Prepaid Card Holders the Chance To Win Cash and Gold Prizes

UAE Expats' Remittances Exceed $21 Billion in H1
October 2nd, 2020 - 02:00 GMT

UAE Expats' Remittances Exceed $21 Billion in H1

World Bank Ranks Bahrain and UAE Top Arab Nations for Human Capital
October 1st, 2020 - 07:55 GMT

World Bank Ranks Bahrain and UAE Top Arab Nations for Human Capital

Bahrain Grants UK Fintech Fasset First-of-Its-Kind Authorisation To Test Blockchain-Based Solution for Addressing $15 Trillion Sustainable Infrastructure Funding Gap
September 30th, 2020 - 10:56 GMT

Bahrain Grants UK Fintech Fasset First-of-Its-Kind Authorisation To Test Blockchain-Based Solution for Addressing $15 Trillion Sustainable Infrastructure Funding Gap

FAB Issues USD 750 Million Benchmark Tier 1 Six-Year Bond
September 30th, 2020 - 10:14 GMT

FAB Issues USD 750 Million Benchmark Tier 1 Six-Year Bond

BisB Wins 2020 Asian Banking & Finance Wholesale Banking Award “Bahrain Domestic Initiative of the Year for Open Banking”
September 28th, 2020 - 10:34 GMT

BisB Wins 2020 Asian Banking & Finance Wholesale Banking Award “Bahrain Domestic Initiative of the Year for Open Banking”

No-Brexit Deal Won't Spook Traders into Dumping UK Assets
September 28th, 2020 - 10:30 GMT

No-Brexit Deal Won't Spook Traders into Dumping UK Assets

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