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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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Egypt and the US are continuing debt-swap talks
January 7th, 2013 - 03:11 GMT

Egypt-US negotiations ongoing in debt swap deal

Al Bawaba
January 7th, 2013 - 07:09 GMT

Jordan Ahli Bank sponsors Solo Art Exhibition by Artist Majdi Masharqa

Egypt's foreign reserves dropped by $21 million in December, the Central Bank of Egypt has said
January 7th, 2013 - 03:00 GMT

Egypt: Foreign reserves drop

American Express
January 6th, 2013 - 11:39 GMT

American Express Middle East offers residents more than 300 reasons to experience the UAE

Morsi has fired his finance minister in a mini-reshuffle ahead of a new round of IMF talks
January 6th, 2013 - 09:56 GMT

Morsi fires finance minister ahead of IMF talks

Nimish Dwivedi, Head of Payments - Mashreq
January 6th, 2013 - 08:39 GMT

Mashreq makes this DSF 3 Times more rewarding

Al Ramz Securities
January 6th, 2013 - 08:29 GMT

Al Ramz ends growth year marked by new licenses, strategic alliances

Central bank introduced loan to value limits on mortgages
January 6th, 2013 - 08:09 GMT

Banks in the UAE demand mortgage law changes

Al Bawaba
January 6th, 2013 - 04:51 GMT

Jordan Ahli Bank sponsors charity event in collaboration with YMCA

Huda Abdulla, Executive Vice President of Branch Distribution at FGB
January 6th, 2013 - 04:34 GMT

First Gulf Bank initiates daily draw of FirstSavings Certificates to promote financial literacy

Middle Eastern investment banking fees totalled $402 million during the first nine months of 2012
January 3rd, 2013 - 11:27 GMT

Global banks wary of Middle East operations

Members of the Islamic Research Academy, has said Egypt's new sukuk plans are non-compliant with Sharia law
January 3rd, 2013 - 08:46 GMT

Egypt's new sukuk declared non-compliant with Sharia

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