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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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S&P 500, Nasdaq Reach Record Highs
September 2nd, 2020 - 12:30 GMT

S&P 500, Nasdaq Reach Record Highs

Islamic Development Bank Adopts Refinitiv Money Market Auctions and FX Trading Platforms
September 1st, 2020 - 12:14 GMT

Islamic Development Bank Adopts Refinitiv Money Market Auctions and FX Trading Platforms

Egypt Inks First $2 Billion Islamic, Conventional Loan
September 1st, 2020 - 07:30 GMT

Egypt Inks First $2 Billion Islamic, Conventional Loan

Executive Appointment: Mashreq announces Rania Nerhal as Chief Client Experience & Conduct Officer
August 31st, 2020 - 09:42 GMT

Executive Appointment: Mashreq announces Rania Nerhal as Chief Client Experience & Conduct Officer

UAE Residents Confident in their Skills to Thrive Despite COVID-19 Slump
August 31st, 2020 - 08:10 GMT

UAE Residents Confident in their Skills to Thrive Despite COVID-19 Slump

Dubai Investments supports Lebanon with medical supplies, glass
August 31st, 2020 - 07:05 GMT

Dubai Investments Supports Lebanon with Medical Supplies, Glass

Crypto News Recap: ETC Hit by Third 51% Attack, OKEx Consider Delisting It
August 31st, 2020 - 06:10 GMT

Crypto News Recap: ETC Hit by Third 51% Attack, OKEx Consider Delisting It

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
August 30th, 2020 - 11:15 GMT

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

Dubai Financial Market Approves BH Mubasher as Market Maker
August 30th, 2020 - 09:20 GMT

Dubai Financial Market Approves BH Mubasher as Market Maker

Your Complete Guide to Open an Islamic Bank Account in UAE
August 27th, 2020 - 11:30 GMT

Your Complete Guide to Open an Islamic Bank Account in UAE

SABB's Capital Remains Strong Despite Loss Registered in H1 2020
August 27th, 2020 - 10:30 GMT

SABB's Capital Remains Strong Despite Loss Registered in H1 2020

Bahrain: BBK in Talks to Acquire Ithmaar Bank
August 27th, 2020 - 06:30 GMT

Bahrain: BBK in Talks to Acquire Ithmaar Bank

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