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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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Empower Successfully Performs Over 63,700 Online Transactions
June 15th, 2020 - 10:19 GMT

Empower Successfully Performs Over 63,700 Online Transactions

Dubai Investments Enhances Sustainable Reporting; Volunteers to Publish Esg Report 2019
June 14th, 2020 - 01:24 GMT

Dubai Investments Enhances Sustainable Reporting; Volunteers to Publish Esg Report 2019

Al Salam Bank Wins Best Islamic Bank in Bahrain for Second Consecutive Year
June 14th, 2020 - 12:53 GMT

Al Salam Bank Wins Best Islamic Bank in Bahrain for Second Consecutive Year

S&P: Banks' Rating Outlook Remains Negative
June 14th, 2020 - 10:00 GMT

S&P: Banks' Rating Outlook Remains Negative

Amlak International Announces Intention to List on Saudi Stock Exchange
June 14th, 2020 - 05:44 GMT

Amlak International Announces Intention to List on Saudi Stock Exchange

International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh
June 11th, 2020 - 11:26 GMT

International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh

Technology, Digital Strategies Will Power MEA’s Recovery and Create New Economies
June 11th, 2020 - 08:47 GMT

Technology, Digital Strategies Will Power MEA’s Recovery and Create New Economies

Tata Asset Management Inaugurates Regional Office in DIFC
June 11th, 2020 - 08:30 GMT

Tata Asset Management Inaugurates Regional Office in DIFC

Mubadala Investment Company Releases  2019 Annual Review
June 11th, 2020 - 07:50 GMT

Mubadala Investment Company Releases 2019 Annual Review

WPP Appoints Angela Ahrendts DBE to the Board
June 11th, 2020 - 06:09 GMT

WPP Appoints Angela Ahrendts DBE to the Board

UAE: 72 Percent of B2B Invoices Is Overdue
June 11th, 2020 - 06:00 GMT

UAE: 72 Percent of B2B Invoices Is Overdue

Investcorp Founder Nemir Kirdar Passes Away
June 10th, 2020 - 10:30 GMT

Investcorp Founder Nemir Kirdar Passes Away

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