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Banking and Finance

Banking and Finance latest

Al Masraf Profit before Tax rises by 31% to a strong AED 336 million in 2025
March 13th, 2026 - 07:15 GMT

Al Masraf Profit before Tax rises by 31% to a strong AED 336 million in 2025

Arab Bank for Investment & Foreign Trade (Al Masraf) today announced its financial results for the year ended 31 December 2025, delivering strong growth across key performance indicators. The bank in 2025 progressed on its strategic initiatives of strengthening its balance sheet, expanding customer relationships, and diversification of revenue streams. Key highlights for full year 2025 performance are  Robust Net Profit before tax of AED 336 million, up 31% aided by strong volume growth, effective cost management and substantial improvements in cost of risk.  Net Profit after tax ...
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Graham FitzGerald named new CEO of Al Masraf
May 20th, 2022 - 02:50 GMT

Graham FitzGerald named new CEO of Al Masraf

The CEO of Sharjah Islamic Bank wins the Best CEO award in the Islamic banking sector
May 19th, 2022 - 10:24 GMT

The CEO of Sharjah Islamic Bank wins the Best CEO award in the Islamic banking sector

NBO’s Insurance Plans Ensure Customers Can Enjoy the Life They’ve Dreamed Of
May 19th, 2022 - 06:48 GMT

NBO’s Insurance Plans Ensure Customers Can Enjoy the Life They’ve Dreamed Of

OPay and Mastercard announce strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions
May 19th, 2022 - 05:26 GMT

OPay and Mastercard announce strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions

Sarkhou: What differentiates Kamco Invest is the quality of its earnings and its diversified revenue model
May 18th, 2022 - 07:37 GMT

Sarkhou: What differentiates Kamco Invest is the quality of its earnings and its diversified revenue model

Mastercard unleashes new era of biometric payments to enhance the check-out experience
May 18th, 2022 - 07:06 GMT

Mastercard unleashes new era of biometric payments to enhance the check-out experience

Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland
May 16th, 2022 - 10:44 GMT

Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit
May 15th, 2022 - 08:54 GMT

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million
May 15th, 2022 - 06:13 GMT

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million

Al Salam Bank Launches its Revamped Danat eGift for 2022
May 15th, 2022 - 06:11 GMT

Al Salam Bank Launches its Revamped Danat eGift for 2022

BisB Receives Riffa Views International School Students
May 15th, 2022 - 06:03 GMT

BisB Receives Riffa Views International School Students

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders
May 15th, 2022 - 06:01 GMT

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders

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