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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 UAE has deposited $250 million in Jordan's Central Bank
January 2nd, 2013 - 01:04 GMT

UAE deposits $250 million in Jordan's Central Bank

UAE laws that make it illegal to write bad cheques could be reviewed, media reports suggest
January 2nd, 2013 - 11:33 GMT

Expats could avoid jail in the UAE over bounced cheques

Al Bawaba
January 2nd, 2013 - 10:23 GMT

Emirates NBD supports Fazza Championships for fifth consecutive year

Media reports suggest that a further $300 million in Mubarak's assets have been frozen in Switzerland
December 31st, 2012 - 10:35 GMT

Swiss freeze $300 million of Mubarak assets, according to reports

The Egyptian pound plummeted to an eight year low against the US dollar yesterday
December 31st, 2012 - 04:00 GMT

Egyptian pound slides against US dollar

Al Ansari Exchange
December 30th, 2012 - 08:05 GMT

Al Ansari Exchange, FSI Capital pioneer Mobile Wallet Remittance service to Kenya

The new card
December 30th, 2012 - 06:11 GMT

Three easy steps to obtain Burgan Bank’s multi-currency X-Change Card

Fawzy Althunayan, Gulf Bank’s General Manager of Board Affairs
December 30th, 2012 - 05:26 GMT

Gulf Bank announces partnership with INJAZ Kuwait for 2013

Al Bawaba
December 30th, 2012 - 05:04 GMT

KAMCO and NBK Capital are Joint Lead Managers of Kuwait’s Largest Private Sector Corporate Bond

The Central Bank of Egypt has warned that foreign reserve levels are at "critical" levels
December 30th, 2012 - 03:00 GMT

Egypt: Foreign reserves at "critical" levels

Egypt is facing further turmoil as the country faces a shortage  of dollars
December 27th, 2012 - 12:31 GMT

New economic crisis as Egypt hit by dollar shortage

Public sector workers in Egypt will be paid on time, the Finance Minister has said
December 27th, 2012 - 11:50 GMT

Egypt: Public sector workers getting paid shows resilience of economy, claims minister

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