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- Bahrain celebrates National Day with pride and in style
- Binghatti, Mercedes-Benz unveil $8.2bn multi-tower branded city in Dubai
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- Gulf Bank celebrates graduation of the first cohort of its Risk Academy
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- Indian Rupee breaches 91-mark against USD amid foreign outflows
- Commercial Bank invites customers to visit its booth at The Avenues mall
- Boursa Kuwait welcomes listing of Action Energy Company in its 'Premier' Market
- Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports
- Oman's central bank rolls out partial payment cheque clearing system
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 | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| ADCB | 14.84 | 0.10 (0.67 |
| ADIB | 20.22 | -0.02 (-0.10 |
17/12/2025
Gulf Bank announced the graduation of the first cohort of its Risk Management Academy, launched in collaboration with Gulf University for Science and Technology (GUST), marking a step that reflects t
Kuwait Times
17/12/2025
Commercial Bank of Kuwait announces its presence at The Avenues mall - Phase 2 - during the weekend, from Thursday, December 18 until Saturday, December 20, 2025. The bank invites young customers and
Kuwait Times
17/12/2025
Fitch Ratings has upgraded OQ Group's long-term issuer default rating (IDR) to 'BBB-' from 'BB+', with a stable outlook. The upgrade follows a similar action on Oman's sovereign rating on December 8,
Muscat Daily
17/12/2025
Mosanada Facilities Management Services Q.P.S.C. ("Mosanada" or the "Company"), announces the completion of its Direct Listing on the Qatar Stock Exchange ("QSE") Main Market on December 15, 2025. On
The Peninsula
16/12/2025
National Investments Company (NIC) announced the completion of the private placement and the successful listing procedures of Action Energy Company on the Premier Market of Boursa Kuwait, following t
Kuwait Times
Financial Information Co.
Saudi Arabia