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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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Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022
February 7th, 2023 - 02:40 GMT

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress
February 7th, 2023 - 02:05 GMT

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech
February 7th, 2023 - 11:17 GMT

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect
February 7th, 2023 - 10:19 GMT

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect

ECB raises rates
February 2nd, 2023 - 08:47 GMT

European Central Bank hikes 3 key interest rates

A$5 banknote
February 2nd, 2023 - 08:37 GMT

Australia to remove UK monarch from banknote

Weber Shandwick
January 24th, 2023 - 07:31 GMT

Saudi National Bank partners with Mastercard and Saudi E-sports Federation to transform e-sports

Natasha Hannoun
January 24th, 2023 - 07:05 GMT

Venture debt funding in MENA crosses $260 m

Kuwait Finance House – Bahrain Sponsors the Reopening of the Iqra e-Reading Center
January 22nd, 2023 - 06:52 GMT

Kuwait Finance House – Bahrain Sponsors the Reopening of the Iqra e-Reading Center

KIB organizes The Stadium: the first-of-its-kind community tournament in Kuwait
January 22nd, 2023 - 06:45 GMT

KIB organizes The Stadium: the first-of-its-kind community tournament in Kuwait

Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall
January 22nd, 2023 - 06:26 GMT

Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall

ADCB signs pledge to support UAE Net Zero by 2050 Strategic Initiative
January 22nd, 2023 - 04:00 GMT

ADCB signs pledge to support UAE Net Zero by 2050 Strategic Initiative

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