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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Middle East countries are high on the agenda at the meeting in Switzerland.
January 30th, 2013 - 11:41 GMT

Davos Summit: why banks are very different than aircraft engines

The barracks was originally built in the 1860s to house British troops.
January 30th, 2013 - 10:20 GMT

Qatar puts biggest investment in London on hold as UK economy stalls

Al Hilal Bank
January 30th, 2013 - 10:10 GMT

Al Hilal Bank’s ‘Qibla Card’ notches ‘Most Innovative Product’ at Global Islamic Finance Award

Al Bawaba
January 30th, 2013 - 10:04 GMT

AED 360,000 worth of cash back prizes distributed in first two draws of Emirates NBD Swipe2Win campaign

The resignation comes amid a management shake-up aimed at improving the company’s performance.
January 30th, 2013 - 09:33 GMT

Saudi’s National Commercial Bank CEO resigns

It seems this image which has continued since the end of WWII until the end of the 20th century is on its way to change.
January 30th, 2013 - 09:25 GMT

UAE’s financial management met with international recognition

AbdulKadir Hussain receives the award
January 30th, 2013 - 07:26 GMT

Mashreq funds receives 3 awards at the MENA Fund Manager Performance Awards 2013

Qatar is set to is set to issue riyal denominated government bonds, according to Reuters
January 29th, 2013 - 12:33 GMT

Qatar set to issue local currency bonds

Al Bawaba
January 29th, 2013 - 09:41 GMT

Alpen Capital India Private Limited establishes a presence in Kolkata

Al Bawaba
January 29th, 2013 - 07:39 GMT

Burgan Bank offers its credit card holders special discounts at the elegant Hotel Missoni

Al Bawaba
January 29th, 2013 - 07:00 GMT

New regulations key to financing $159 billion worth of MENA contracts

During the event
January 29th, 2013 - 06:40 GMT

CIMA challenges Middle East students to become the global business leaders of the future

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