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- Bahrain celebrates National Day with pride and in style
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- Gulf Bank celebrates graduation of the first cohort of its Risk Academy
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- 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
16/11/2017 05:29 AST
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 Abu Dhabi Stock Exchange that Investbank currently owns around 16.4% of Amanat's stake.
Investbank posted net profits of Dhs226 million during the first nine months of this year compared with Dhs233 million during the corresponding period of 2016.
The bank recorded an increase of 14 per cent in its total assets as on September 30, 2017 compared to the corresponding period of 2016 and 9 per cent compared to the balance recorded on December 31st, 2016.
The growth of total assets was supported by the increase in customers' deposits, which rose by 17 per cent compared to the balance recorded on September 30, 2016 and 12 per cent compared with the balance recorded on December 31st, 2016.
This led the ratio of loans to deposits to improve to 94.2 per cent on September 30. Liquidity also improved with the liquid assets reaching 13.4 per cent, exceeding the required percentage of 10 per cent.
Loans and advances increased by 9 per cent compared to the corresponding period of last year and 8 per cent compared to the balance recorded on December 31st, 2016.
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
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 | 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