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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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Egypt's escalating military involvement in the Yemen conflict has had a negative impact on investor's confidence. (Image: file photo)
April 6th, 2015 - 07:58 GMT

Egyptian stocks plummet as Yemen confict deepens

The UAE PMI dipped to a 17-month low of 56.3 in March, down from 58.1 in February. (Image: file photo)
April 6th, 2015 - 06:51 GMT

UAE’s non-oil expansion cools further as PMI slips

Al Bawaba
April 5th, 2015 - 11:18 GMT

UAE sweetens flotation regulations to attract more investment

Alex Thursby, NBAD’s Group Chief Executive Officer
April 5th, 2015 - 07:36 GMT

NBAD ranks #1 in global league tables in international sukuk issuance, first quarter of 2015

Pre-paid VISA Card for Om Al Qura Foundation
April 5th, 2015 - 07:30 GMT

KIB Unveils Special Edition VISA Cards for Om Al Qura Foundation

HSBC Bank AGM
April 5th, 2015 - 05:33 GMT

HSBC Bank Oman’s Shareholders approve cash dividend and elect new board of directors

It added that the subsidiary was never asked by Turkish authorities to take any specific measure with regard to combating money laundering and terrorist financing, as alleged the newspaper.
April 3rd, 2015 - 06:53 GMT

'We're not related': Bank Audi denies ties to Daesh

Al Bawaba
April 2nd, 2015 - 07:43 GMT

S&P upgrades International General Insurance Company Ltd to A- (stable)

Al Bawaba
April 2nd, 2015 - 07:20 GMT

Diversification in mind: UAE passes new companies law

Al Bawaba
April 2nd, 2015 - 04:30 GMT

NBAD upgrades its channels and customer touch points

Al Bawaba
April 1st, 2015 - 08:23 GMT

Replacing Switzerland? Why Lebanon isn't keeping its banking secrecy a secret

Al Bawaba
April 1st, 2015 - 08:18 GMT

Jumping on the same bandwagon: Egypt, Israel apply to join China-led Asian investment bank

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