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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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The paper banknotes of EGP1, EGP 0.5, and EGP 0.25 were removed from the market several years ago and were replaced with coins. (Shutterstock)
June 7th, 2016 - 10:00 GMT

Small change: Egypt Central Bank reprints $56M worth of EGP1 notes

Bank Nizwa - Ramadan Campaign
June 7th, 2016 - 09:35 GMT

Bank Nizwa distributes foods packs to needy families across the Sultanate

SnappBiz
June 7th, 2016 - 09:25 GMT

Mashreq’s SnappBiz App is set to mobilize Business

During the event
June 7th, 2016 - 08:41 GMT

Alba successfully implements AUB’s integrated payment

Barclays currently has 56 large branches in Egypt and is considering opening small branches. (Transdoc)
June 6th, 2016 - 12:00 GMT

Barclays pushes through with Egypt expansion despite bank sale

The new comprehensive and amended act will contribute to combatting money laundering and terrorist financing in addressing legislative shortcomings,. (Shutterstock)
June 6th, 2016 - 09:00 GMT

Oman gets tough on terror funding and money laundering

During the event
June 5th, 2016 - 11:17 GMT

Bank Nizwa empowers entrepreneurs with Commercial Finance for individuals

Bankers estimate that the value of the acquisition of HSBC Lebanon will range between $90 million to $100 million. (Facebook)
June 5th, 2016 - 11:00 GMT

HSBC Lebanon acquisition delayed by staff negotiations

Gulf Bank
June 5th, 2016 - 05:03 GMT

Gulf Bank announces the winners of the Al Danah daily draws for the week of 22 May – 26 May 2016

During the workshop
June 5th, 2016 - 04:49 GMT

MoF organises happiness workshop in collaboration with UN Office

Emirates NBD has already launched major digital banking initiatives in support of the country’s ‘smart city’ vision.  (File photo)
June 2nd, 2016 - 11:00 GMT

Emirates NBD to target millennials with $136M digital strategy

Arabtec's vice-chairman hopes the company's restructuring process will help improve the financial performance. (Ventures On Site)
June 2nd, 2016 - 10:00 GMT

Arabtec dips into reserves to stem losses

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