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Banking and Finance

Banking and Finance latest

RAKBANK delivers D 2.6B in profit* (up 26%) and crosses D 100B in total assets
January 28th, 2026 - 04:57 GMT

RAKBANK delivers D 2.6B in profit* (up 26%) and crosses D 100B in total assets

The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the full year and the fourth quarter of 2025. 50 years of sustainable growth – all-time high profitability... FY’25 performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 65%, and a 29% YoY growth in non-interest income driven by wealth management, FX and investment income ...driven by product innovation & balance sheet growth The Bank’s balance sheet grew by D 16.7B YoY with Gross Loans & Advances growing by 11.7% YoY ...
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During the event
May 2nd, 2019 - 04:32 GMT

Burgan Bank Welcomes Ramadan With ‘Graish’ for Its Staff

Omani banks have recorded a healthy increase in margins.
May 1st, 2019 - 09:00 GMT

Report: Banking Sector in Oman Shows Healthy Growth

During the event
May 1st, 2019 - 09:14 GMT

ADCB, UNB and Al Hilal Bank Have Merged to Create the ADCB Group, a Powerful New Force in the UAE Banking Sector

Burgan Bank announces today its renewed partnership with Grand Cinemas commencing for another two years
April 30th, 2019 - 10:59 GMT

Burgan Bank Renews Its Exclusive Partnership With Grand Cinemas

During the event
April 30th, 2019 - 10:48 GMT

Bank Nizwa CEO: Financial Sector Must Embrace Age of Disruption to Thrive

FAB during the first three months of 2019 has created a robust foundation for sustained growth momentum.
April 30th, 2019 - 08:09 GMT

FAB Posts Net Profit of $843 Million in Q1 2019

The “BuBa Kids Account” aims at providing creative solutions for parents who want to earn more from their savings for their children and at the same time enjoy a wide range of benefits.
April 30th, 2019 - 07:45 GMT

Burgan Bank’s BuBa Customers Can Enjoy Special Discounts From Cozmo Entertainment

During the event
April 30th, 2019 - 06:41 GMT

Sohar International’s Chairman Mohammed Al Ardhi Talks About Leadership & Youth Empowerment at Sohar University

Department of Finance in UAE
April 30th, 2019 - 05:25 GMT

Abu Dhabi Government Announces Repayment of Its Sovereign Bonds From the Year 2009

The agreement was signed by Mohammed Saif Al Suwaidi, director general of the Abu Dhabi Fund for Development, and by the Sudanese side, Amna Mirghani Hassan Altum, director general of the financial markets of the Central Bank of Sudan.
April 29th, 2019 - 09:48 GMT

UAE to Support Sudan's Financial Stability by Depositing $250 Million

During the event
April 29th, 2019 - 07:23 GMT

Abu Dhabi Fund for Development to Deposit $250 Million Into Central Bank of Sudan

During the event
April 29th, 2019 - 06:05 GMT

Oman Arab Bank Introduces NFC and Transaction Personalization Options for Faster ATM Withdrawals

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