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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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National Bank of Oman Ramps up COVID-19 Relief Through Annual Ramadan Initiative
April 28th, 2020 - 08:50 GMT

National Bank of Oman Ramps up COVID-19 Relief Through Annual Ramadan Initiative

FAB Reports First Quarter 2020 Group Net Profit of Dh2.4 Billion
April 28th, 2020 - 08:37 GMT

FAB Reports First Quarter 2020 Group Net Profit of Dh2.4 Billion

ENBD REIT Announces Strategic Priorities for 2020-21
April 28th, 2020 - 07:58 GMT

ENBD REIT Announces Strategic Priorities for 2020-21

BisB Mobile App Enables Customers to View Their Accounts From All Banks in Bahrain
April 28th, 2020 - 06:39 GMT

BisB Mobile App Enables Customers to View Their Accounts From All Banks in Bahrain

Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds
April 27th, 2020 - 07:00 GMT

Lebanon Central Bank Sets Dollar Price for FX Dealers at 3,200 Pounds

GCC Stock Markets Surge As Sectors Partially Reopen
April 26th, 2020 - 11:30 GMT

GCC Stock Markets Surge As Sectors Partially Reopen

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19
April 26th, 2020 - 10:11 GMT

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19

Sabic Making Steps Towards A More Circular future
April 26th, 2020 - 08:30 GMT

Sabic Making Steps Towards A More Circular future

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors
April 26th, 2020 - 07:30 GMT

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts
April 23rd, 2020 - 10:46 GMT

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries
April 23rd, 2020 - 10:37 GMT

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System
April 23rd, 2020 - 08:32 GMT

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System

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