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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 strongest currency in the world: Is it the US dollar?
September 27th, 2023 - 09:21 GMT

The strongest currency in the world: Is it the US dollar?

KIB
September 27th, 2023 - 07:46 GMT

KIB to be closed during Prophet Mohammed’s birthday (1445H), providing services through digital platforms

Gold prices in Amman Today Wednesday 26 September 2023
September 27th, 2023 - 06:37 GMT

Gold prices in Amman Today Wednesday 26 September 2023

Gold prices in Riyadh Today Wednesday 26 September 2023
September 27th, 2023 - 06:29 GMT

Gold prices in Riyadh Today Wednesday 26 September 2023

Gold prices in Doha Today Wednesday 26 September 2023
September 27th, 2023 - 06:11 GMT

Gold prices in Doha Today Wednesday 26 September 2023

NBB Hosts Financial Literacy Workshop with AlMabarrah AlKhalifia Foundation
September 27th, 2023 - 06:11 GMT

NBB Hosts Financial Literacy Workshop with AlMabarrah AlKhalifia Foundation

Gold prices in Dubai Today Wednesday 26 September 2023
September 27th, 2023 - 05:55 GMT

Gold prices in Dubai Today Wednesday 26 September 2023

What is the strongest currency in the world today?
September 26th, 2023 - 12:38 GMT

What is the strongest currency in the world today?

US dollar hits 10-month high as Chinese yuan slides
September 26th, 2023 - 10:26 GMT

US dollar hits 10-month high as Chinese yuan slides

NBB Launches “It’s All About Winning Back” Campaign for Credit Cardholders
September 26th, 2023 - 09:39 GMT

NBB Launches “It’s All About Winning Back” Campaign for Credit Cardholders

KIB wins award for launching the first Biometric Visa Card in Kuwait
September 26th, 2023 - 09:22 GMT

KIB wins award for launching the first Biometric Visa Card in Kuwait

Mastercard SME Confidence Index:  80% of UAE SMEs project similar or increased revenue in 2023
September 26th, 2023 - 09:08 GMT

Mastercard SME Confidence Index: 80% of UAE SMEs project similar or increased revenue in 2023

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