Casablanca: Standard Chartered marked a major milestone in its regional expansion with the official launch of its new Representative Office in Morocco, during an event held in the presence of high-level government officials, regulators, diplomats, clients and strategic partners. The ceremony brought together distinguished attendees including Mr. Saïd Ibrahimi, Chief Executive Officer of Casablanca Finance City […]
Dubai, UAE: emiratesnbd.com, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced the achievement as the first financial institution in the world to be successfully awarded both WiredScore Platinum and SmartScore Platinum certifications in digital connectivity and smart technology. This recognition highlights the bank’s commitment to digital connectivity […]
Ajman, United Arab Emirates : Ajman Bank, one of the UAE’s leading Islamic financial institutions, has announced a strategic collaboration with Murex, the global leader in trading, risk management and processing solutions for capital markets, to implement MX.3 for Islamic Finance across its Treasury operations. The initiative marks a major step in Ajman Bank’s digital […]
Bahrain – National Bank of Bahrain (NBB) has reported a 2 per cent increase in its net profit attributable to shareholders reaching BD19.4 million ($51.5m) for the third quarter ended September 30, 2025, compared to BD19.1m ($50.7m) in the same period of 2024. The profitability performance is mainly attributed to the group’s continued ability to […]
Abu Dhabi, UAE : Commercial Bank International PJSC (“CBI” or “the Bank”) (ADX Symbol: CBI; ISIN: AEC000101019), a leading UAE bank, today released its financial results for the third quarter of 2025. Key Highlights: The Bank reported the first nine months and Q3’25 pre-tax profit of AED 109 million and AED 16 million respectively. Net operating […]
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC) to accelerate digital transformation in financial services, enhance client experiences, and strengthen private wealth solutions, cementing the emirate’s solid position as a leading global hub for finance, innovation, and […]
Sharjah, United Arab Emirates – 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 […]
Dubai – Mashreq reported its financial results for 9M 2025. Mashreq reported an increase in Operating Income to AED 9.4 billion for the 9M 2025. The third quarter Operating Income of AED 3.2 billion, is an increase of 4% Quarter-on-Quarter and 8% Year-on-Year, reflecting strong profitable growth across all its core businesses, mainly driven by rising client […]
Dubai, UAE: National Bank of Fujairah (NBF) and StorIT Distribution today announced a strategic alliance to deliver tailored channel financing solutions to technology clients across the UAE. By combining StorIT’s extensive partner network and market reach with NBF’s specialist expertise in technology financing, the collaboration will expand access to flexible working capital solutions that support growth […]
Non-interest income surged 34 percent year-on-year Abu Dhabi Commercial Bank PJSC (ADCB) today announced its financial results for the third quarter and nine-month period of 2025 (Q3’25 and 9M’25). Profit before tax has risen for 17 consecutive quarters, propelled by robust top-line growth momentum and a significant 460 basis points year-on-year improvement in the cost-to-income […]