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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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Algeria Plans to Diversify Economy by Launching Islamic Insurance
September 9th, 2020 - 06:30 GMT

Algeria Plans to Diversify Economy by Launching Islamic Insurance

Initiative to drive increased trust of digital payments in the UAE with recognizable sound marking completed safe and secure transactions
September 8th, 2020 - 12:11 GMT

Mastercard and Network International Transform Shopping With Exclusive Sonic Experience

National Bank of Oman Celebrates Latest Award for Pioneering Mobile App
September 8th, 2020 - 11:29 GMT

National Bank of Oman Celebrates Latest Award for Pioneering Mobile App

WAIPA and World Bank Join Forces for Stronger Investment Promotion Agencies
September 7th, 2020 - 11:06 GMT

WAIPA and World Bank Join Forces for Stronger Investment Promotion Agencies

Banque Saudi Fransi and Mastercard Launch World’s First Priceless Card
September 7th, 2020 - 10:52 GMT

Banque Saudi Fransi and Mastercard Launch World’s First Priceless Card

First Abu Dhabi Bank Mulls Acquiring Bank Audi's Egypt Unit
September 7th, 2020 - 07:00 GMT

First Abu Dhabi Bank Mulls Acquiring Bank Audi's Egypt Unit

Crypto News Recap: Bitcoin Plummets 15%, Pornhub Accepts Crypto Payments
September 7th, 2020 - 06:30 GMT

Crypto News Recap: Bitcoin Plummets 15%, Pornhub Accepts Crypto Payments

National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets
September 7th, 2020 - 05:21 GMT

National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets

Standard Chartered UAE Extends Women in Tech Programme To Support Female Entrepreneurs
September 6th, 2020 - 10:02 GMT

Standard Chartered UAE Extends Women in Tech Programme To Support Female Entrepreneurs

Sharjah Islamic Bank Organizes a Virtual Panel Discussion To Introduce Waffer Discounts Programme
September 6th, 2020 - 06:10 GMT

Sharjah Islamic Bank Organizes a Virtual Panel Discussion To Introduce Waffer Discounts Programme

ADCB & Visa Transform Merchant Smartphones into Payment Terminals
September 3rd, 2020 - 10:29 GMT

ADCB & Visa Transform Merchant Smartphones into Payment Terminals

UAE: Abu Dhabi Issues $5 Billion Multi-Tranche 50-Year Bond
September 3rd, 2020 - 09:00 GMT

UAE: Abu Dhabi Issues $5 Billion Multi-Tranche 50-Year Bond

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