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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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UAE: 88 Percent of Banks to Enable Open Banking in the Next 12 Months
June 18th, 2020 - 06:15 GMT

Study: 88 Percent of UAE Banks to Enable Open Banking in the Next 12 Months

MoF announces successful implementation of Procure-to-Pay
June 18th, 2020 - 05:02 GMT

MoF announces successful implementation of Procure-to-Pay

UAE: Bank Lending Grows At Slower Pace In May
June 17th, 2020 - 01:00 GMT

UAE: Bank Lending Grows At Slower Pace In May

Visa’s new small business-focused ‘Where You Shop Matters’ campaign highlights shift in shopping habits in the UAE
June 17th, 2020 - 08:21 GMT

Visa’s new small business-focused ‘Where You Shop Matters’ campaign highlights shift in shopping habits in the UAE

Middle East’s First AI-Powered Digital Engagement Banking Bot Makes Banking Easy for Mashreq Customers
June 17th, 2020 - 07:43 GMT

Middle East’s First AI-Powered Digital Engagement Banking Bot Makes Banking Easy for Mashreq Customers

DIB Lists $1 Billion Sukuk on Nasdaq Dubai
June 16th, 2020 - 01:30 GMT

DIB Lists $1 Billion Sukuk on Nasdaq Dubai

Burgan Bank Resumes its Account Draws and Announces 9 Lucky Winners
June 16th, 2020 - 01:16 GMT

Burgan Bank Resumes its Account Draws and Announces 9 Lucky Winners

NATIONAL BANK OF OMAN’S ACADEMY OF EXCELLENCE GEARED FOR ONLINE LEARNING
June 16th, 2020 - 10:49 GMT

National Bank of Oman’s Academy of Excellence Geared for Online Learning

S&P: Islamic Finance to Witness Mild Recovery in 2021
June 16th, 2020 - 10:30 GMT

S&P: Islamic Finance to Witness Mild Recovery in 2021

UAE Dominates The FDI Inflows In The Middle East
June 16th, 2020 - 09:30 GMT

UAE Dominates The FDI Inflows In The Middle East

FAB issues largest Chinese Yuan dual listed Formosa bonds from MENA region
June 16th, 2020 - 08:19 GMT

FAB issues largest Chinese Yuan dual listed Formosa bonds from MENA region

Bitcoin Expected to Soar to $20,000 In 2020
June 15th, 2020 - 01:00 GMT

Bitcoin Expected to Soar to $20,000 In 2020

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