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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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Dubai-Based Bank First to Recruit via Metaverse
October 12th, 2022 - 11:11 GMT

Dubai-Based Bank First to Recruit via Metaverse

Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion
October 12th, 2022 - 07:58 GMT

Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion

Sadeq Mahdi Barak Wins KD 4000 in Burgan Bank’s Final Value Account Draw
October 12th, 2022 - 07:18 GMT

Sadeq Mahdi Barak Wins KD 4000 in Burgan Bank’s Final Value Account Draw

Burgan Bank Launches its First Ever Padel Tournament
October 12th, 2022 - 06:55 GMT

Burgan Bank Launches its First Ever Padel Tournament

NBO Empowers Employees With Workplace Safety and Lifesaving Techniques
October 11th, 2022 - 10:15 GMT

NBO Empowers Employees With Workplace Safety and Lifesaving Techniques

ADIB launches ‘Small Business Finance’ to support SMEs
October 11th, 2022 - 10:10 GMT

ADIB launches ‘Small Business Finance’ to support SMEs

ADIO and Siemens Energy partner to accelerate the UAE’s net zero ambitions with new Abu Dhabi Innovation Centre
October 11th, 2022 - 09:54 GMT

ADIO and Siemens Energy partner to accelerate the UAE’s net zero ambitions with new Abu Dhabi Innovation Centre

Dubai Islamic Bank introduces Charter dedicated to Customers - #AllAboutYou
October 11th, 2022 - 08:35 GMT

Dubai Islamic Bank introduces Charter dedicated to Customers - #AllAboutYou

KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh
October 11th, 2022 - 05:50 GMT

KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh

Al Hilal Bank’s digital innovation transforms the UAE consumer banking landscape
October 10th, 2022 - 07:25 GMT

Al Hilal Bank’s digital innovation transforms the UAE consumer banking landscape

Kuwait Finance House – Bahrain Announces the Winner of the Libshara Grand Prize for the Month of August 2022
October 10th, 2022 - 06:31 GMT

Kuwait Finance House – Bahrain Announces the Winner of the Libshara Grand Prize for the Month of August 2022

Bank ABC’s Revolutionary ‘Ila Bank’ Takes Its First Step Towards Global Expansion
October 10th, 2022 - 06:59 GMT

Bank ABC’s Revolutionary ‘Ila Bank’ Takes Its First Step Towards Global Expansion

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