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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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IBQ Communicator Awards 2016
December 2nd, 2015 - 05:57 GMT

IBQ to sponsor 11th Masters Cricket Tournament 2016

The consortium will buy 13 per cent of City Football Group, a UAE-based company that owns Manchester City, New York City Football Club, and Melbourne City Football Club. (Al Bawaba/File)
December 1st, 2015 - 11:18 GMT

Chinese consortium to invest $400M in UAE-based owner of Manchester City FC

Al Bawaba
November 30th, 2015 - 10:22 GMT

International credit rating agencies Moody's and Fitch affirm

Hassan Mayassi, Chief Executive Officer of EMP Jordan
November 30th, 2015 - 08:39 GMT

EMP partners with PayFort International to deliver enhanced E-commerce services to merchants

Gulf Bank celebrating 55 years
November 29th, 2015 - 10:13 GMT

Gulf Bank celebrates its 55th anniversary

Al Bawaba
November 26th, 2015 - 08:44 GMT

Deloitte “Middle East Point of View”: Investment fund products evolve to target private investors

Al Bawaba
November 25th, 2015 - 10:26 GMT

Stock markets react as Turkey downs Russian plane

Fakih IVF is looking to expand within the UAE and the GCC region. (Courtesy of Godubai.com)
November 24th, 2015 - 10:18 GMT

NMC Health Signs $189.5 Million Deal to Acquire Majority Shareholding of Fakih IVF Group

Al Bawaba
November 24th, 2015 - 10:49 GMT

Ahli United Bank named Best Private Bank in the Middle Eastby Global Finance

Al Bawaba
November 24th, 2015 - 10:40 GMT

UAE banks slash hundreds of jobs in response to difficult economy

Al Bawaba
November 24th, 2015 - 10:29 GMT

Gulf Bank thanks participants and partners for successful “Gulf Bank 642 Marathon”

Al Bawaba
November 23rd, 2015 - 12:36 GMT

Bahrain hosts GCC symposium on combating terror-funding in non-profits

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