RAKBANK record YTD profit before tax of AED 2.3B, up 23% YoY

RAKBANK record YTD profit before tax of AED 2.3B, up 23% YoY

Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the nine months of 2025 Record breaking growth in profitability continues… YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven […]

Emirates NBD Reports AED 36.7 Billion Income in 9M 2025, up 12% YoY

Emirates NBD Reports AED 36.7 Billion Income in 9M 2025, up 12% YoY

Emirates NBD delivered AED 36.7 billion income for the first nine months of 2025 as the Group continues strong growth momentum in both interest income and non-funded income across all countries, segments, and products. Operating profit increased by 10% yoy, fuelled by outstanding loan growth more than offsetting the impact of interest rate cuts. Profit […]

National Bank of Kuwait Reports KD 467.4 Million Net Profit for 9M 2025, Up 2.3% Year-on-Year

National Bank of Kuwait Reports KD 467.4 Million Net Profit for 9M 2025, Up 2.3% Year-on-Year

Profit before tax rose by 11.3% year-on-year, reaching KD 592.5 million Al-Bahar: We have maintained balanced growth across our banking segments, driven by a resilient operating strategy NBK continues to reinforce its leadership amid a challenging global economic landscape The Shuwaikh Beach Project further strengthens the Bank’s standing as a leading force in social responsibility […]

Ajman Bank and Lune Technologies partner to enhance financial intelligence for customers

Ajman Bank and Lune Technologies partner to enhance financial intelligence for customers

Ajman, UAE – Ajman Bank has announced a strategic collaboration with Lune Technologies, an Emirati data intelligence company specializing in AI-powered financial analytics, to provide customers with smarter insights and greater control over their financial wellbeing. The partnership introduces advanced Transaction Data Enrichment and Personal Finance Management (PFM) solutions, now available through the Ajman Bank mobile […]

SAS partners with DIB to elevate financial crime risk management

SAS partners with DIB to elevate financial crime risk management

Dubai, UAE — SAS, the market leader in Data and AI, has partnered with DIB, the world’s first Islamic bank and the largest in the UAE, to upgrade its Anti-Money Laundering (AML) platform and advance financial crime compliance capabilities, deployed on SAS hosted cloud services, supported by Microsoft. This strategic collaboration, announced at GITEX 2025, reflects […]