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- Oil Updates - prices nudge higher amid economic uncertainty, OPEC+ supply fears
- Saudi Arabia to power data platforms with AI to drive Vision 2030 goals
- For Dubai property demand, a weak dollar has its benefits, especially for luxury home buys
- Oman, UAE boost bilateral trade and investment ties
- Tatweer plans several new projects in Duqm zone this year
- Dubai gold price drops - again - ahead of April 30's 'Akshaya Trithiya'
- Saudi Awwal Bank records SR2.1 billion net profit after zakat and income tax for 1Q25
- ECB set for deeper interest rate cutting cycle
- 'Qatar-Belgium Business Meeting reviews bilateral investment co-operation'
- Qatar makes impact in strengthening integration frameworks in Arab capital markets
13/07/2017 05:59 AST
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 financial data showed that the bank's profits grew by 5.34 per cent to Dhs88.27 million during the second quarter of this year, compared with Dhs83.8 million during the corresponding period of 2016.
The bank's total assets by the end of June 2017 reached around Dhs16.42 billion compared with Dhs16.12 billion during the same period last year, while its operational income reached Dhs347 million by the end of the first half of this year including Dhs196.26 million in the second quarter.
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
25/04/2017
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
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 | 402.80 | 1.10 (0.27 |
| FAB | 14.10 | 0.20 (1.43 |
| EMIRATESNBD | 20.25 | 0.10 (0.49 |
| ADCB | 11.38 | 0.28 (2.52 |
| EIB | 12.25 | 0.00 (0.00 |
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
Trade Arabia
28/04/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid
Trade Arabia
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
Financial Information Co.
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