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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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The United Bank of Egypt is planning to enter the lucrative GCC banking market
January 24th, 2013 - 11:55 GMT

United Bank of Egypt spreads its wings to GCC

Lebanon's Prime Minister said that despite a drop in tourist numbers, banking deposits increased
January 24th, 2013 - 07:34 GMT

Banking deposits increasing in Lebanon - PM

Al Bawaba
January 24th, 2013 - 04:55 GMT

UAE Exchange partners BRAC Bank for FLASHremit, the real-time account credit facility in Bangladesh

Al Bawaba
January 23rd, 2013 - 10:47 GMT

Alpen Capital partners with Dubai Cares to unveil Burj Khalifa structure

The Central Bank of Egypt is to allow banks to refinance imports by providing temporary foreign currency facilities
January 22nd, 2013 - 11:54 GMT

Egypt's Central Bank to allow foreign currency facilities for importers

Al Bawaba
January 22nd, 2013 - 11:47 GMT

More than 800 Standard Chartered employees to drum up support for Seeing is Believing at Dubai Marathon 2013

Rakbank is set to launch new Islamic finance products
January 22nd, 2013 - 11:02 GMT

Islamic finance industry growing as Rakbank launches more products

The D8 group of nations, including Egypt and Iran, is  meeting in Tehran and is due to set up a joint investment fund
January 22nd, 2013 - 06:42 GMT

"D-8" group to establish joint investment fund

Al Bawaba
January 21st, 2013 - 12:18 GMT

IBQ sponsors Masters Cricket Tournament for 8th year running

The UAE's Central Bank governor has said new mortgage rules are not "imminent"
January 21st, 2013 - 12:05 GMT

New UAE mortgage rules "not imminent" : Central Bank Governor

Aly Shalaby, General Manager, Consumer Banking Group at Gulf Bank
January 21st, 2013 - 11:11 GMT

Gulf Bank’s enhanced Gulf Rewards Program

Abu Dhabi Islamic Bank
January 21st, 2013 - 10:02 GMT

ADIB securities ranked the number one UAE Brokerage Firm

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