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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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US multi-billion-dollar Aspiration Inc. to Expand to the UAE Capital under Abu Dhabi Investment Office supported Programme
January 19th, 2023 - 03:40 GMT

US multi-billion-dollar Aspiration Inc. to Expand to the UAE Capital under Abu Dhabi Investment Office supported Programme

CBI Net Profit Increases by 15% to AED 150 million in 2022
January 19th, 2023 - 10:34 GMT

CBI Net Profit Increases by 15% to AED 150 million in 2022

Genesis Marks its Second Year as the Official Partner of the Abu Dhabi HSBC Championship
January 19th, 2023 - 10:21 GMT

Genesis Marks its Second Year as the Official Partner of the Abu Dhabi HSBC Championship

Cleveland Clinic Abu Dhabi and College of Medicine and Health Sciences - United Arab Emirates University sign an MoU to promote research and education
January 19th, 2023 - 09:11 GMT

Cleveland Clinic Abu Dhabi and College of Medicine and Health Sciences - United Arab Emirates University sign an MoU to promote research and education

Al Salam Bank announces the winners of the grand prizes for the Danat and Thimaar Saving Schemes for the year 2022
January 18th, 2023 - 10:44 GMT

Al Salam Bank announces the winners of the grand prizes for the Danat and Thimaar Saving Schemes for the year 2022

Two new South Korean companies join Abu Dhabi’s innovation ecosystem
January 17th, 2023 - 09:17 GMT

Two new South Korean companies join Abu Dhabi’s innovation ecosystem

Mashreq Successfully Acquires Digital Banking License to Commence Operations in Pakistan
January 16th, 2023 - 10:32 GMT

Mashreq Successfully Acquires Digital Banking License to Commence Operations in Pakistan

Adaptation Investment in the UAE would contribute more than AED 100 billion to GDP
January 16th, 2023 - 07:11 GMT

Adaptation Investment in the UAE would contribute more than AED 100 billion to GDP

Kuwait Finance House – Bahrain Employees Awarded with the Islamic Arbitrator & Expert (CIAE) Certificate
January 15th, 2023 - 08:01 GMT

Kuwait Finance House – Bahrain Employees Awarded with the Islamic Arbitrator & Expert (CIAE) Certificate

Burgan Bank Crowns its First Millionaire with a KD 1,500,000 Prize
January 15th, 2023 - 07:12 GMT

Burgan Bank Crowns its First Millionaire with a KD 1,500,000 Prize

Dr. Rasheed Al-Qenae appointed Chairman of the KPMG Middle East, South Asia, and Caspian (MESAC) region
January 15th, 2023 - 06:20 GMT

Dr. Rasheed Al-Qenae appointed Chairman of the KPMG Middle East, South Asia, and Caspian (MESAC) region

Burgan Bank receives approvals to complete sale of Bank of Baghdad
January 12th, 2023 - 10:18 GMT

Burgan Bank receives approvals to complete sale of Bank of Baghdad

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