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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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Burgan Bank Celebrates the Graduation of 23 Aspiring Employees from its “Retail Banking Academy”
February 15th, 2023 - 10:17 GMT

Burgan Bank Celebrates the Graduation of 23 Aspiring Employees from its “Retail Banking Academy”

Shorooq Partners invests in Gulf Capital’s SANTECHTURE
February 15th, 2023 - 08:16 GMT

Shorooq Partners invests in Gulf Capital’s SANTECHTURE

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk
February 15th, 2023 - 07:54 GMT

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

KIB records KD 13.6 million profit for the year 2022
February 14th, 2023 - 03:32 GMT

KIB records KD 13.6 million profit for the year 2022

Al Salam Bank Launches "Back to School" Campaign to Encourage Education and Alleviate Burden of Academic Fees
February 14th, 2023 - 02:55 GMT

Al Salam Bank Launches "Back to School" Campaign to Encourage Education and Alleviate Burden of Academic Fees

Burgan Bank Honors its Distinguished Retail Banking Employees for the Year 2022
February 14th, 2023 - 10:38 GMT

Burgan Bank Honors its Distinguished Retail Banking Employees for the Year 2022

Emirates NBD arranges DAMAC’s USD 200 million  2.25-year senior unsecured sukuk
February 14th, 2023 - 09:17 GMT

Emirates NBD arranges DAMAC’s USD 200 million 2.25-year senior unsecured sukuk

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 14th, 2023 - 08:15 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Laila Abdullatif Wins The $1,200,000 Tejoori Al Islami Grand Prize for 2022
February 14th, 2023 - 07:53 GMT

Laila Abdullatif Wins The $1,200,000 Tejoori Al Islami Grand Prize for 2022

RAKBANK delivers the highest annual profit growth in over a decade with a Net Profit of AED 1,163.4M and a growth of 53.4% YoY
February 13th, 2023 - 04:21 GMT

RAKBANK delivers the highest annual profit growth in over a decade with a Net Profit of AED 1,163.4M and a growth of 53.4% YoY

 KPMG in Kuwait conducts annual tax event 'Talking Tax'; aims to update business on the local and regional tax landscapes
February 13th, 2023 - 03:21 GMT

KPMG in Kuwait conducts annual tax event 'Talking Tax'; aims to update business on the local and regional tax landscapes

 Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022
February 13th, 2023 - 08:20 GMT

Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022

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