Category Archives: Business & Investments

Business & Investments

Hedge & Sachs Strengthens Investor Empowerment and Digital Transformation at CONNECT 2.1

Dubai, UAE | November 10, 2025: Hedge & Sachs group, a leading asset management and financial advisory powerhouse, successfully hosted CONNECT 2.1, its first stakeholder engagement event following the recent milestone of obtaining its Securities & Commodities Authority (SCA) license. Held at the Johara Ballroom, Madinat Jumeirah, the full-day event brought together employees, clients, and key stakeholders to exchange ideas, discuss upcoming projects, expansion plans and outline the firm’s next chapter of growth and digital transformation.

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Business & Investments

Paperworld Middle East opens tomorrow alongside fastest-growing edition of Gifts & Lifestyle Middle East

More than 650 global brands and 15,000 visitors will connect this week at the region’s leading trade platform for paper, stationery, gifting and lifestyle products

Gifts & Lifestyle Middle East will showcase over 200 exhibitors from around the world

The co-located events will be held at  Dubai World Trade Centre from 11-13 November

Captured by Lights In Motion

Dubai, UAE: The highly anticipated 14th edition of Paperworld Middle East, the region’s leading international trade fair for paper, stationery, office and school supplies and creative materials, opens tomorrow at Dubai World Trade Centre.

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Business & Investments

Invest 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).
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Business & Investments

GCC Companies achieve 30-second payroll processing with 100 per cent accuracy using advanced HRMS, reveals greytHR

November 10, 2025: Companies across the GCC region have experienced higher workforce management efficiency using advanced AI-powered HRMS, reporting 100 per cent accuracy and stronger compliance with GCC labour regulations, reveals a recent survey conducted by greytHR, the leading full-suite Human Resource Management System (HRMS) platform. Notably, organisations with around 1000 employees could complete their payroll processing in just about 30 seconds using the innovative platform. 

Girish Rowjee, Co-founder and CEO of greytHR

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