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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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ENBD REIT Announces Q1 Nav of $215 Million;  Balance Sheet and Cash Flows Healthy While Cost Controls Mitigate Pressures
August 27th, 2020 - 06:28 GMT

ENBD REIT Announces Q1 NAV of $215 Million; Balance Sheet and Cash Flows Healthy While Cost Controls Mitigate Pressures

The Prevailing Trends of UAE Banks in Q2 2020
August 27th, 2020 - 06:00 GMT

The Prevailing Trends of UAE Banks in Q2 2020

Here Are the Islamic Financial Market Post-Covid Challenges
August 26th, 2020 - 11:00 GMT

Here Are the Islamic Financial Market Post-Covid Challenges

Burgan Bank Encourages Customers To Enjoy Travelling With the Exclusive Qatar Airways Prepaid Card
August 26th, 2020 - 10:37 GMT

Burgan Bank Encourages Customers To Enjoy Travelling With the Exclusive Qatar Airways Prepaid Card

US Stocks Edge Closer to Record Highs
August 26th, 2020 - 08:00 GMT

US Stocks Edge Closer to Record Highs

Bahrain Islamic Bank Wins Award for ‘Best Corporate Social Responsible Bank Bahrain’ and ‘Most Innovative Retail Bank Product Bahrain’
August 26th, 2020 - 04:39 GMT

Bahrain Islamic Bank Wins Award for ‘Best Corporate Social Responsible Bank Bahrain’ and ‘Most Innovative Retail Bank Product Bahrain’

Monthly Mega Hit Offer Exclusively for Burgan Bank Customers From “Best Al-Yousifi” Electronics
August 24th, 2020 - 09:08 GMT

Monthly Mega Hit Offer Exclusively for Burgan Bank Customers From “Best Al-Yousifi” Electronics

DIFC Courts Leverages Digital Infrastructure To Accommodate Rapid Rise in Commercial Claims
August 24th, 2020 - 06:44 GMT

DIFC Courts Leverages Digital Infrastructure To Accommodate Rapid Rise in Commercial Claims

ENBD REIT Hedges Dh400 Million Facility With Mashreq Bank
August 24th, 2020 - 06:33 GMT

ENBD REIT Hedges Dh400 Million Facility With Mashreq Bank

Crypto News Recap: More Social Media Crypto Scams, Iran Crackdown on 1,100 Illegal Bitcoin Miners
August 24th, 2020 - 06:30 GMT

Crypto News Recap: YouTube's First Crypto Scam, Iran Terminates 1,100 Illegal Bitcoin Miners

UAE: Banks Don't Have to Repay If Account is Hacked Due to Neglect
August 23rd, 2020 - 10:30 GMT

UAE: Banks Don't Have to Repay If Account is Hacked Due to Neglect

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
August 23rd, 2020 - 10:06 GMT

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

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