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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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Al Bawaba
January 16th, 2013 - 09:41 GMT

Saxo Bank launches Saxo Prime to provide FX Prime Brokerage for institutional clients

Emirates NBD
January 16th, 2013 - 07:18 GMT

Emirates NBD rings in 2013 with massive product campaign at select branches across the UAE

The Egyptian pound continued to slide again on  Tuesday, as former finance minister claims the currency controls are  "temporary"
January 15th, 2013 - 01:06 GMT

Egyptian pound slides again as former minister claims currency controls are temporary

During the campaign
January 15th, 2013 - 11:15 GMT

Dubai Islamic Bank employees participate in blood donation drive

Egyptian stocks responded well to the possibility of reconciliation of Mubarak-era financial corruption
January 15th, 2013 - 04:00 GMT

Egyptian stocks respond well to talk of possible "reconciliation"

Former deputy governor of Egypt's Central Bank has resigned as head of the NAtional Bank of Egypt for undisclosed reasons
January 14th, 2013 - 01:03 GMT

Head of Egypt's largest bank resigns

An investment bank for the Arab Maghreb has been created with $100m and support from the IMF
January 14th, 2013 - 11:13 GMT

Arab Maghreb Union investment bank gets the go ahead

Telecoms was the most targeted industry in the Middle East with 30 percent of the activity during the year, followed closely by financials with 27 percent
January 14th, 2013 - 07:52 GMT

Middle East banking sector sitting pretty on $20 bilion merger market

Libya's Prime Minister has vowed to tackle corruption
January 13th, 2013 - 11:31 GMT

Libya vows to tackle corruption

Al Bawaba
January 13th, 2013 - 08:28 GMT

Inspirational running duo Henry Wanyoike and Joseph Kibunja back at the Standard Chartered Dubai Marathon 2013

Al Bawaba
January 13th, 2013 - 05:16 GMT

IBQ announces new Credit Card Premium Merchant Partners

A German company faces fines in the US after allegedly breaking sanctions against Iran
January 10th, 2013 - 01:08 GMT

German company faces $340 million fine over Iran sanctions

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