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Banking and Finance

Banking and Finance latest

Al Masraf Profit before Tax rises by 31% to a strong AED 336 million in 2025
March 13th, 2026 - 07:15 GMT

Al Masraf Profit before Tax rises by 31% to a strong AED 336 million in 2025

Arab Bank for Investment & Foreign Trade (Al Masraf) today announced its financial results for the year ended 31 December 2025, delivering strong growth across key performance indicators. The bank in 2025 progressed on its strategic initiatives of strengthening its balance sheet, expanding customer relationships, and diversification of revenue streams. Key highlights for full year 2025 performance are  Robust Net Profit before tax of AED 336 million, up 31% aided by strong volume growth, effective cost management and substantial improvements in cost of risk.  Net Profit after tax ...
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Gulf Bank
June 22nd, 2016 - 05:29 GMT

Gulf Bank wins ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ in Kuwait from International Banker

The AfDB is set to loan Egypt a total of $1.5 billion over the course of three years.   (F. Dubessy)
June 21st, 2016 - 08:00 GMT

Egypt appeals to African Development Bank to release $500M loan

PwC
June 21st, 2016 - 06:08 GMT

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

Subroto Som, Head of Retail and Anindo Bhattacharya, Head of Direct Business
June 20th, 2016 - 08:59 GMT

Mashreq sets the precedent for everyday banking in the region

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

Bank Nizwa
June 19th, 2016 - 10:22 GMT

Bank Nizwa provides multi channels for Zakat and Sadaqah payments during the holy month of Ramadan

Maachla distribution campaign
June 19th, 2016 - 05:40 GMT

Gulf Bank partners with Saveco and LOYAC to distribute foodstuff boxes to families in need

During the event
June 19th, 2016 - 04:20 GMT

Doha Bank hosts Suhoor for customers and partners

Last April, Saudi Arabia and the United States had added a number of organizations on their lists of terrorist groups. (File photo)
June 16th, 2016 - 12:30 GMT

Saudi Arabia tightens bank transfer procedures to Lebanon to prevent Hezbollah funding

Muscat Finance has achieved a net profit of OMR1.21 million for the first quarter of 2016, against OMR1.26 million for the same period of last year. (File photo)
June 16th, 2016 - 10:30 GMT

Muscat Finance plans $13M bond issue

During the event
June 16th, 2016 - 07:28 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

Ramadan video
June 15th, 2016 - 05:16 GMT

Gulf Bank launches Ramadan video

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