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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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Ahmed A. Al-Ali, Treasurer of the Bahrain Down Syndrome Society, Jehad Al Zain, Deputy Chairman of the Bahrain Down Syndrome Society and Nader Shaheen, GIB Head of Corporate Communications
November 23rd, 2015 - 09:42 GMT

GIB makes its first donation to the Bahrain Down Syndrome Society

International Bank of Qatar
November 23rd, 2015 - 05:41 GMT

US$ 500 million IBQ first bond met with positive response from investors

The International Finance Corporation is a member of the World Bank Group. (Al Bawaba/File)
November 22nd, 2015 - 08:22 GMT

World Bank Group member IFC invests $27M in Souq.com

Al Bawaba
November 22nd, 2015 - 08:04 GMT

With MENA Internet use booming, digital marketing is critical to SME success

Al Bawaba
November 22nd, 2015 - 10:01 GMT

Oman’s credit rating downgraded to 'BBB+': S&P

Al Bawaba
November 19th, 2015 - 10:30 GMT

Forbes chose the top 100 execs in MENA and 93 have regional HQ in the UAE

Al Bawaba
November 19th, 2015 - 06:12 GMT

UAE may be favorite, but there's opportunity in markets throughout GCC

Gaurang Desai, CEO of DGCX
November 19th, 2015 - 11:12 GMT

DGCX inaugurates first chapter of Futures & Options World Trading Middle East Conference 2015

Mr. Hussain Al Qemzi, CEO, Noor Bank receiving the award ‘The Islamic Retail Banking Leadership Award’ from the Pakistan Ambassador to the UAE, Asif Ali Khan Durrani
November 19th, 2015 - 05:36 GMT

Hussain Al Qemzi, Noor Bank wins Prestigious Industry Awards at 7th World Islamic Retail Banking Conference

Al Bawaba
November 18th, 2015 - 04:37 GMT

UAE crowdfunding platform Beehive has investors buzzing and businesses growing

Last year, Euro Disney reported debts of about 1.7 billion euros. (Pixshark)
November 18th, 2015 - 03:22 GMT

Kingdom Holding rescues The Magic Kingdom: Euro Disney gets another Saudi cash injection

Dubai Islamic Bank
November 17th, 2015 - 10:13 GMT

Dubai Islamic Bank launches Virtual Branch to revolutionise training experience for employees

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