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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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People walk past the sign of the BLOM Bank in Beirut, a day after a bomb blast hit its headquarters in Verdun. (AFP/Patrick Baz)
June 14th, 2016 - 10:00 GMT

Beirut bombing tests the mettle of Lebanon's banking sector

FGB representatives receiving the award
June 14th, 2016 - 07:49 GMT

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

EFG Hermes sold 2,700,000 of its shares to CIH Bahrain International Holding, a Lebanon-registered company controlled by the heirs of late Saudi billionaire Khaled bin Mahfouz. (File photo)
June 13th, 2016 - 10:00 GMT

Egypt's EFG Hermes’ shareholders to receive $121.6M from sale of Credit Libanais

Vikram Pradhan, Head of Corporate & Institutional Banking, NBF, speaks at the National Bank of Fujairah’s Knowledge Series 2016
June 13th, 2016 - 05:04 GMT

National Bank of Fujairah highlights impact of changing legislation and market challenges facing UAE companies in inaugural Knowledge Series

During the event
June 13th, 2016 - 04:48 GMT

ADCB recognized by Euromoney Award for Excellence 2016

An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

Meydan has multiple projects in various stages of development, including the signature mixed-use Meydan One master-development and partnership in the Dubai Canal extension. (Meydan)
June 12th, 2016 - 10:00 GMT

Dubai's Meydan Group secures $270M in Islamic financing

HE Younis Haji Al Khoori, Undersecretary of MoF
June 12th, 2016 - 09:32 GMT

MoF signs cooperation agreement with UAE Central Bank

Salma Al-Hajjaj of Gulf Bank with the winning team “Cloudzzz”
June 12th, 2016 - 05:13 GMT

Gulf Bank congratulates INJAZ Kuwait and students in Company Program Competition 2016

During the event
June 9th, 2016 - 09:30 GMT

Noor Bank’s Information Technology Department awarded with ISO Certifications

The proposed merger would create a bank with combined assets of almost $16 billion, according to Bloomberg. (File photo)
June 9th, 2016 - 04:19 GMT

Proposed merger of Bank Sohar, Bank Dhofar will create Oman's second largest bank

Ali Al Najjar, Assistant General Manager and Head of Operations Department at Al Ansari Exchange, receiving the Superbrand trophy at the gala night of the prestigious Superbrands Tribute Event
June 8th, 2016 - 07:14 GMT

Al Ansari Exchange wins 11th ‘UAE Superbrand’ trophy in a row

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