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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 Egyptian pound continues to slide despite aid from Qatar
January 10th, 2013 - 12:39 GMT

Egypt pound sliding on ice despite Qatari aid

Workers at the Central Bank of Yemen are on strike over wage reforms
January 10th, 2013 - 11:36 GMT

Central Bank of Yemen employees strike

Al Bawaba
January 10th, 2013 - 09:10 GMT

Alpen Capital recognized as one of the top companies in World Finance 100 list for 2013

Is Dubai really about to become  the "Capital of Islamic Economy”?
January 10th, 2013 - 09:02 GMT

Ia Dubai about to become the "Capital of Islamic Economy”?

Abdulla Mohammed Saleh AbdulRaheem, the Deputy Group Chief Executive of NBAD
January 10th, 2013 - 08:55 GMT

NBAD moves up ranking in Hawkamah index

ADIB’s financial education program extends to global village visitors
January 10th, 2013 - 08:08 GMT

ADIB’s financial education program extends to global village visitors

The UAE has no plans to alter strict new mortgage laws, according to sources quoted by a local daily paper
January 9th, 2013 - 11:48 GMT

No change in expat mortgage rules in the UAE

Al Bawaba
January 9th, 2013 - 06:59 GMT

ADIB inaugurates Khalifa ‘A’ city branch in Abu Dhabi

Illegal financial flows in Lebanon are thought to have topped $21 billion, according to a new report
January 9th, 2013 - 06:40 GMT

Illicit financial flows top $21 billion in Lebanon

Consumer confidence hit a record low in the first half of 2012
January 8th, 2013 - 11:18 GMT

Lebanese lenders to see quieter 2013

Andre Sayegh, CEO of FGB
January 8th, 2013 - 11:15 GMT

First Gulf Bank and Masdar launch first eco-friendly Credit Card in the UAE

Chairman of the Union of Arab Banks Joseph Torbey
January 8th, 2013 - 06:38 GMT

Lebanon's banks ready for any fallout from Syria

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