Dubai, UAE – 10 November 2025 – Starhotels Collezione, Italy’s iconic luxury hotel group celebrated for its distinguished properties across Rome, Milan, Florence, Venice, London, and Paris, recently concluded a series of successful events in the GCC, including its Sales Conclave held in Saudi Arabia and the United Arab Emirates, followed by exclusive Media and Partners Evenings in Abu Dhabi and Dubai.
Continue reading Starhotels Collezione Concludes Successful Sales Conclave and Partner Evenings in Saudi Arabia and the UAE, Showcasing the Spirit of Italian HospitalityAll posts by uaenews247
Sharjah leads global publishing into a new chapter of innovation and sustainability
As the 2025 Sharjah International Book Fair and Publishers Conference spotlight the industry’s evolution, the emirate continues to lead international dialogue on innovation, sustainability, and storytelling
Sharjah, November 10, 2025
Long recognised as a crossroads for global publishing, Sharjah has become one of the world’s foremost convening points for ideas shaping the written word. Each year, the Sharjah Publishers Conference held in the lead-up to the Sharjah International Book Fair (SIBF), now in its 44th edition sets the agenda for the industry’s most pressing conversations, from the rise of artificial intelligence to the quest for sustainability and inclusion.
Continue reading Sharjah leads global publishing into a new chapter of innovation and sustainabilityInvest Bank delivers AED 102 million profit before tax for 9M-2025, driven by solid income growth and robust balance sheet performance
Sharjah, United Arab Emirates, 10th November 2025 – Invest Bank today announced its financial results for the nine-month period ended September 30, 2025, reporting a profit before tax of AED 102M, reflecting continued momentum across income streams, balance sheet expansion, and strong recoveries.
Key Financial Highlights
- Total assets at AED 13.4 Bn (+24% YTD).
- Net loans and advances at AED 6.6Bn (+46% YTD).
- Customer Deposits at AED 11.1Bn (+28% YTD), with a CASA ratio of 29.4% (FY’24 : 26.6%).
- Operating Income of AED 251.4Mn (+21% YoY), equally contributed by growth in core Net Interest (+16%) and Non-interest (+29%)
- Net Interest Income was at AED 148.4M up YoY (+AED 21M, 16%), driven by uptick in balance sheet size (+AED 2.3B, 22%), with NIM maintained at 1.6% (YTD Sept-24 : 1.5%), notwithstanding 100bps rate drop in H2’24.
- Non-interest income was at AED 103M up YoY (+23M, 29%), as higher loan volumes drive core business fee income and increase in foreign exchange & other income (+AED 10M).
- Operating expenses up YoY by AED 36M (+18%) as the bank continues to invest in talent and technology for future growth.
- Robust recovery strategies continue to show positive signs reporting net recoveries of AED 83M during the year.
- The Bank remains well capitalized with a healthy capital adequacy ratio of 22.8% (Dec’24 : 28.7%).
- Strong Liquidity position with Eligible Liquid Asset Ratio of 21.4% as at Sept’25 (Dec’24 :15.6%) and advances to stable resources ratio was at 70.5% (Dec’24 : 68.8%).
- Reimbursement Asset (RA): The Bank received AED 380M, during the year (Sep’24 :AED 377M) from Government of Sharjah (GoS) under the Guarantee Agreement, reducing the balance to AED 1.7B in Sept-25 (Dec’24 : 2.1B).
Abu Dhabi National Hotels (ADNH) Launches Nasim Al Bahr Residences on Al Marjan Island
Abu Dhabi National Hotels (ADNH) Launches Nasim Al Bahr Residences on Al Marjan Island Valued at AED 3 Billion, with One Broker Group as Exclusive Sales Partner
- The premium waterfront project is an exclusive cluster of branded residences part of Marriott International’s ‘The Luxury Collection’ portfolio
- Abu Dhabi National Hotels Expands into prime Al Marjan Islands with the AED 3 Billion premium waterfront residences
Shamal Holding Presents The Dubai Beach EDITION Hotel and Residences at Dubai Harbour
- The Dubai Beach EDITION features the first EDITION Branded Residences in the Middle East and the brand’s first beachfront resort in the UAE, within one architectural vision.
- Developed by H&H and designed by RSHP, The Residences at The Dubai Beach EDITION will redefine seafront living as the first EDITION Residences in the region.
UAE News 24/7 