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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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Crypto News Recap: $150 Million in Bitcoin Stolen from Crypto Exchange Kucoin
September 28th, 2020 - 06:00 GMT

Crypto News Recap: $150 Million in Bitcoin Stolen from Crypto Exchange Kucoin

44 Indian Banks Listed in FinCEN Files
September 27th, 2020 - 01:30 GMT

44 Indian Banks Listed in FinCEN Files

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
September 27th, 2020 - 11:41 GMT

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

FAB, Tabby and Al Futtaim Team up To Launch UAE’s First in-Store Buy-Now-Pay-Later Offering
September 27th, 2020 - 08:13 GMT

FAB, Tabby and Al Futtaim Team up To Launch UAE’s First in-Store Buy-Now-Pay-Later Offering

Sidra Capital’s Mutajara USD Fund Continues To Show Strong Performance With Annualized Returns in Excess of 6% for 2020
September 27th, 2020 - 07:51 GMT

Sidra Capital’s Mutajara USD Fund Continues To Show Strong Performance With Annualized Returns in Excess of 6% for 2020

Egypt: Banking Sector's Profit Exceed EGP 50 Billion
September 24th, 2020 - 08:30 GMT

Egypt: Banking Sector's Profit Exceed EGP 50 Billion

Will We Witness Any Radical Change in The Global Banking System?
September 23rd, 2020 - 01:00 GMT

Will We Witness Any Radical Change in The Global Banking System?

MoF Announces Details of Cabinet Resolution Concerning Economic Substance Regulations
September 23rd, 2020 - 11:04 GMT

MoF Announces Details of Cabinet Resolution Concerning Economic Substance Regulations

Mastercard Announces Fintech Express To Empower MEA Fintechs To Launch and Expand Rapidly
September 23rd, 2020 - 08:47 GMT

Mastercard Announces Fintech Express To Empower MEA Fintechs To Launch and Expand Rapidly

Bank of South Korea: No Need to Cut GDP Growth Forecasts
September 23rd, 2020 - 06:30 GMT

Bank of South Korea: No Need to Cut GDP Growth Forecasts

H.e. Obaid Al Tayer Virtually Meets Italian Minister for Economic Affairs and Finance
September 22nd, 2020 - 11:50 GMT

H.e. Obaid Al Tayer Virtually Meets Italian Minister for Economic Affairs and Finance

ENBD REIT Appoints Savills and Bluehaus Group To Upgrade Al Thuraya Tower 1 in Dubai Media City
September 22nd, 2020 - 05:22 GMT

ENBD REIT Appoints Savills and Bluehaus Group To Upgrade Al Thuraya Tower 1 in Dubai Media City

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