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- Goldman Sachs opens office in Kuwait
- Oil Rises after OPEC+ Hikes Output Less than Expected
- Bahrain All Share Index marks 1,966.15 points
- Gulf Bank champions women's health and empowerment
- NBK's Consumer & Digital Banking Group unveils five-year 2030 vision and strategy
- Beyon Cyber, Umniah partner to boost regional cybersecurity resilience
- Majid Al Futtaim to set up new retail, leisure hub within $4.2bn Dubai community
- RO700mn worth of new cities, housing investments unveiled in Oman
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- AD Ports signs $672m land sale deal with Mira Developments
25/04/2017 05:45 AST
Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016.
The bank recorded an operational income of Dhs178 million, while its net operational profits reached Dhs143 million, up by 9 per cent over the same period of 2016.
The bank's total net interest income reached Dhs124 million, while its income excluding interest reached Dhs54 million. Total assets stood at Dhs16.1 billion while total liabilities reached Dhs13.2 billion.
According to a statement by the bank, total loans and advances reached Dhs11.9 billion, the same as those recorded in December 2016, while customers' deposits totaled Dhs12.3 billion, recording an increase of 1 per cent over the end of 2016. Shareholders' equity totaled Dhs2.9 billion by the end of the first quarter of 2017.
The Gulf Today
16/11/2017
Investbank has affirmed that it has acquired 405 million stocks in Amanat Holdings on behalf of TC Blitz, listed in Abu Dhabi Stock Exchange.
The bank reported in a separate statement to
The Gulf Today
13/07/2017
InvestBank achieved positive results during the first half of this year as its net profits rose by 5.14 per cent to Dhs177.9 million, up from Dhs169.23 million during the corresponding period of 2016
The Gulf Today
13/02/2017
Invest bank posted a net profit of Dhs271.7 million by the end of 2016, up by 8 per cent over 2015. The bank posted an operational income of Dhs741 million, while its net operational profit reached D
The Gulf Today
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.00 | 0.00 (0.00 |
| FAB | 15.90 | -0.26 (-1.61 |
| EMIRATESNBD | 24.60 | -0.05 (-0.21 |
| ADCB | 14.86 | 0.26 (1.78 |
| ADIB | 22.12 | 0.14 (0.63 |
07/10/2025
In line with its unwavering commitment to corporate social responsibility and its role as a leading financial institution, Gulf Bank has once again placed women's health and empowerment at the forefr
Kuwait Times
07/10/2025
At an event attended by a large gathering of National Bank of Kuwait (NBK) employees alongside the Bank's senior executives, the Consumer and Digital Banking Group unveiled its five-year strategy, ma
Kuwait Times
07/10/2025
AD Ports Group, a leading global enabler of trade, logistics and industry, has signed a land sale agreement with Mira Developments, for the development of one of the largest mixed-use communities in
Trade Arabia
07/10/2025
QNB Group, the largest financial institution in the Middle East and Africa, announced the successful refinancing of its USD 1.5 billion unsecured syndicated term loan facility.
QNB's Group C
QNA
07/10/2025
Emirates NBD Securities has expanded its trading reach, giving UAE investors direct access to all key stock markets across the Gulf Cooperation Council (GCC).
The brokerage arm of Emirates N
Gulfnews
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