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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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Lower Tier II Subordinated Bond Issue
December 27th, 2012 - 11:10 GMT

Burgan Bank successfully completes KD100mn subordinated bond issue

Al Bawaba
December 27th, 2012 - 05:00 GMT

Adding insult to injury: S&P downgrade Egyptian banks

Mr. Fawzy Al-Thunayan, General Manager, Board Affairs at Gulf Bank accepting the award on behalf of the Bank during the awards ceremony
December 27th, 2012 - 04:33 GMT

Gulf Bank receives Corporate Social Responsibility Excellence Award

Money supply in the UAE is up, with further liquidity expected in 2013
December 26th, 2012 - 01:14 GMT

UAE money supply increasing

Egypt's President is increasing controls on foreign currency
December 26th, 2012 - 09:46 GMT

Egypt: Morsi tightens foreign currency controls

Caetano Fernandes, Mashreq Gold
December 26th, 2012 - 09:24 GMT

Mashreq offers UAE’s first financial package for Non Residents Egyptians

Al Bawaba
December 26th, 2012 - 05:48 GMT

Jordan Ahli Bank organizes discussion forum targeting women managing SMEs

Al Bawaba
December 26th, 2012 - 05:27 GMT

NBAD Group compliance officer wins top award

The European Union is to help pay for public sector wages in Palestine after Israel withheld tax recipts
December 24th, 2012 - 11:58 GMT

Palestine: EU to help pay November salaries

ADIB Sudan Branch
December 24th, 2012 - 07:51 GMT

ADIB expands its regional footprint by opening a branch in Sudan

The head of Egypt's Central Bank has denied resigning
December 24th, 2012 - 03:00 GMT

Egypt: Central Bank boss denies resigning

GCC states helped billions of dollars flow out of the country illegally between 2001 and 2010
December 24th, 2012 - 03:00 GMT

GCC awash with dirty money

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