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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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NBO Signs Agreement With Nesto Hypermarket To Provide Digital Banking Services
January 8th, 2023 - 09:24 GMT

NBO Signs Agreement With Nesto Hypermarket To Provide Digital Banking Services

NBB Welcomes New Group Chief Executive Officer
January 8th, 2023 - 09:17 GMT

NBB Welcomes New Group Chief Executive Officer

The Search for Burgan’s Kanz Culminates with the Crowning of a Millionaire
January 8th, 2023 - 04:46 GMT

The Search for Burgan’s Kanz Culminates with the Crowning of a Millionaire

Burgan Bank Concludes its Annual Sponsorship of Ahmadi Governate’s Day of People with Disabilities Event
January 5th, 2023 - 10:48 GMT

Burgan Bank Concludes its Annual Sponsorship of Ahmadi Governate’s Day of People with Disabilities Event

Sharjah Islamic Bank opens a new branch on King Faisal Street, Sharjah
January 4th, 2023 - 10:49 GMT

Sharjah Islamic Bank opens a new branch on King Faisal Street, Sharjah

Burgan Bank is Granted Wealth Management License
January 4th, 2023 - 09:38 GMT

Burgan Bank is Granted Wealth Management License

Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank Egypt
January 4th, 2023 - 08:29 GMT

Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank Egypt

Muzn’s Forward-looking Shari’a Supervisory Board Holds Q4 Meeting
January 2nd, 2023 - 10:37 GMT

Muzn’s Forward-looking Shari’a Supervisory Board Holds Q4 Meeting

Burgan Bank Renews its Sponsorship of Wheelchair Fencing Champion Tareq Al-Qallaf for 2023
January 2nd, 2023 - 10:07 GMT

Burgan Bank Renews its Sponsorship of Wheelchair Fencing Champion Tareq Al-Qallaf for 2023

KPMG delivers strong global revenues, reporting 14% growth in FY22
January 2nd, 2023 - 09:35 GMT

KPMG delivers strong global revenues, reporting 14% growth in FY22

National Bonds, Lulu Exchange Sign Strategic Agreement to Boost Savings Culture in UAE
January 2nd, 2023 - 07:50 GMT

National Bonds, Lulu Exchange Sign Strategic Agreement to Boost Savings Culture in UAE

KIB becomes the first bank in Kuwait to offer privileged travel services
January 2nd, 2023 - 06:22 GMT

KIB becomes the first bank in Kuwait to offer privileged travel services

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