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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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FGB receiving the award
November 11th, 2015 - 09:05 GMT

FGB named ‘Bank of the Year’ at the 2015 Arabian Business Achievement Awards

ArabiaWeather serves 35 million customers in the GCC. (YouTube)
November 10th, 2015 - 04:38 GMT

ArabiaWeather announces sunny funding round of $5M

Al Bawaba
November 10th, 2015 - 08:30 GMT

Egypt's stock exchange tumbles under pressure

Dr.Yahya Alyahya
November 10th, 2015 - 08:21 GMT

Gulf international bank reports a nine month profit of $64.7 million

National Bank of Kuwait
November 10th, 2015 - 07:27 GMT

Fitch affirms NBK’s long term ratings at AA-, outlook stable

Al Bawaba
November 9th, 2015 - 02:30 GMT

Pass financial compliance bills or risk international blacklist: Lebanon's SIC

Al Bawaba
November 9th, 2015 - 11:00 GMT

Egypt's stock market slides in the wake of Russian plane crash

Dubai Gold & Commodities Exchange
November 9th, 2015 - 08:31 GMT

DGCX reports a 30% increase in metal trades in October 2015

Abu Dhabi management team
November 9th, 2015 - 07:43 GMT

GIB inaugurates a branch in Abu Dhabi

Al Bawaba
November 8th, 2015 - 01:00 GMT

Lebanon receives additional $26.8M EU grant

Keeping levels of diligence high can keep regional banks competitive and accessible to international finance systems. (Shutterstock)
November 8th, 2015 - 10:00 GMT

MENA businesses expect higher spending to fight financial crime: EY

The US accuses China-based Adel Mohammed Cherri and his company of procuring deadly equipment for Hezbollah. (Wikimedia Commons)
November 8th, 2015 - 05:00 GMT

Lebanese businessmen placed on US sanctions list for alleged Hezbollah links

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