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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 muzn islamic banking migrates card services to Visa
November 8th, 2022 - 05:35 GMT

NBO muzn islamic banking migrates card services to Visa

Burgan Bank Concludes its First Padel Tournament Following Diverse Participation
November 7th, 2022 - 06:53 GMT

Burgan Bank Concludes its First Padel Tournament Following Diverse Participation

NBB Hosts Session for NBB Chairman and Lamea Participants
November 7th, 2022 - 08:58 GMT

NBB Hosts Session for NBB Chairman and Lamea Participants

Deal makers can still create more value in the age of complex M&A
November 6th, 2022 - 08:30 GMT

Deal makers can still create more value in the age of complex M&A

Al Salam Bank Rolls Out its Innovative Service “Saving Goals”
November 6th, 2022 - 07:07 GMT

Al Salam Bank Rolls Out its Innovative Service “Saving Goals”

NBO participates in Oman center for governance and sustainability’s annual members gathering
November 6th, 2022 - 06:39 GMT

NBO participates in Oman center for governance and sustainability’s annual members gathering

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
November 6th, 2022 - 06:31 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

UAB Celebrates UAE National Flag Day
November 3rd, 2022 - 04:52 GMT

UAB Celebrates UAE National Flag Day

Kuwait finance house – Bahrain promotes its financing solutions within the new housing programs
November 3rd, 2022 - 03:17 GMT

Kuwait finance house – Bahrain promotes its financing solutions within the new housing programs

NBO hosts security workshop to combat financial crime and protect customers
November 2nd, 2022 - 11:54 GMT

NBO hosts security workshop to combat financial crime and protect customers

Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns
November 2nd, 2022 - 08:09 GMT

Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns

Burgan Bank Launches Double Your Rewards with limited edition Visa Platinum Credit Card
November 2nd, 2022 - 07:24 GMT

Burgan Bank Launches Double Your Rewards with limited edition Visa Platinum Credit Card

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