Business

The Crisis Management of Baravia Fashion

Published

5 years ago

May 17, 2020

Baravia Fashion the high-end fashion brand for women’s clothes that is based in Dubai, owned and managed by the designer and entrepreneur Gulnora Muhedinova. Is ready to manage the current market challenges, and is confident that everything will soon get back to normal, as described by the brand owner.

The brand has recently updated their website and social media platform to be able to receive more online demands, following all the new rules and restrictions that governments and authorities are applying for the safety of the community during this global pandemic.

“We are playing our key role in helping the community to pass these hard times, and we are positive that together we will overcome this obstacle” Gulnora said.

The resources around the celebrity business owner confirmed that “Baravia Fashion as a leader in the women’s high end closing market in the GCC area, has an inspiring strategy that adapts to the market changes, and keeps the clients’ needs as their top priorities”.

The Syrian businessman Nadim Zidan stated that “luxury industry always survives any global crisis over the long history of modern economy, as luxury goods and services were never a demand that fades, but a lifestyle that can’t be abandoned”.

Journalists and social media platform talked about the challenges that any high end brand might face during the current situation, but all agreed that a well-planned business such as Baravia Fashion, will always stay as a leader in the market, due to their high end products, and well managed strategies that “allows Baravia Fashion to be the number one choice of our GCC Market, and that soon, we are going global” Gulnora announces on her social media platform that she is personally using to reply her fans and clients around the world.

The success story of Baravia Fashion inspired many small businesses around the region to follow their steps, knowing that “every big success, starts with a big dream” as Gulnora shared with her fans, the wisdom that came from a long experience, and a life full of success and achievements.

Instagram: https://www.instagram.com/baraviafashion/

Business

Black Banx Group — Third Quarter 2025 Results

Published

1 min ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.