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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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NBB reports a 11% increase in net profit attributable to the owners of the bank for the nine months ended 30 September 2022
November 2nd, 2022 - 05:45 GMT

NBB reports a 11% increase in net profit attributable to the owners of the bank for the nine months ended 30 September 2022

Mashreq comes on board to support COP27 following signing of MoU with Egypt’s COP Presidency
November 1st, 2022 - 09:30 GMT

Mashreq comes on board to support COP27 following signing of MoU with Egypt’s COP Presidency

Bank of Jordan Inaugurates its First Branch in Iraq
November 1st, 2022 - 08:38 GMT

Bank of Jordan Inaugurates its First Branch in Iraq

Abu Dhabi Islamic Bank enables cross-border instant INR currency transfers from the UAE using SWIFT gpi Instant
November 1st, 2022 - 08:22 GMT

Abu Dhabi Islamic Bank enables cross-border instant INR currency transfers from the UAE using SWIFT gpi Instant

LIBF MENA releases whitepaper on how satellites, artificial intelligence and machine learning can help firms measure their ESG exposures
November 1st, 2022 - 07:51 GMT

LIBF MENA releases whitepaper on how satellites, artificial intelligence and machine learning can help firms measure their ESG exposures

IMF Regional Economic Outlook Forecasts 2022 Real GDP Growth for the Region at 5%, up from 4.1% in 2021
October 31st, 2022 - 09:35 GMT

IMF Regional Economic Outlook Forecasts 2022 Real GDP Growth for the Region at 5%, up from 4.1% in 2021

GIB Takes Part in PIF’s Voluntary Carbon Markets Auction and Signs to Support the Kingdom’s Decarbonisation Goals
October 31st, 2022 - 09:12 GMT

GIB Takes Part in PIF’s Voluntary Carbon Markets Auction and Signs to Support the Kingdom’s Decarbonisation Goals

Burgan Bank Renews its Sponsorship of the Kuwait Equestrian Federation Tour for the Second Consecutive Year
October 31st, 2022 - 08:18 GMT

Burgan Bank Renews its Sponsorship of the Kuwait Equestrian Federation Tour for the Second Consecutive Year

Boursa Kuwait records 29.2% increase in its net profit for the period ended 30 September 2022
October 31st, 2022 - 07:35 GMT

Boursa Kuwait records 29.2% increase in its net profit for the period ended 30 September 2022

NBB Transitions to Eco-Friendly Cards Issued by SINNAD
October 31st, 2022 - 06:41 GMT

NBB Transitions to Eco-Friendly Cards Issued by SINNAD

KPMG Bahrain facilitated learning sessions for students focused on cyber security
October 31st, 2022 - 05:45 GMT

KPMG Bahrain facilitated learning sessions for students focused on cyber security

Kuwait Finance House – Bahrain Signs an MoU with Eskan Bank to Launch Financing Solutions for New Housing Schemes
October 30th, 2022 - 08:16 GMT

Kuwait Finance House – Bahrain Signs an MoU with Eskan Bank to Launch Financing Solutions for New Housing Schemes

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