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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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NBB Holds Townhall Meeting and Long Service Awards Ceremony
September 24th, 2023 - 05:58 GMT

NBB Holds Townhall Meeting and Long Service Awards Ceremony

Gold prices in Dubai Today Sunday 24 September 2023
September 24th, 2023 - 05:56 GMT

Gold prices in Dubai Today Sunday 24 September 2023

ADIB successfully completes redemption of its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018
September 22nd, 2023 - 11:27 GMT

ADIB successfully completes redemption of its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018

KIB promotes financial literacy and banking awareness at Ooredoo headquarters
September 21st, 2023 - 08:30 GMT

KIB promotes financial literacy and banking awareness at Ooredoo headquarters

Emirates NBD sets a new standard in mobile banking with the roll out of ENBD X
September 21st, 2023 - 08:15 GMT

Emirates NBD sets a new standard in mobile banking with the roll out of ENBD X

New report by FAB shows the growing role of high-income women in MENA economies
September 21st, 2023 - 06:12 GMT

New report by FAB shows the growing role of high-income women in MENA economies

‘Al Ghalya’ Credit Card Campaign Extended Until the End of the Year
September 21st, 2023 - 05:52 GMT

‘Al Ghalya’ Credit Card Campaign Extended Until the End of the Year

America's Debt
September 20th, 2023 - 05:23 GMT
Osama Ali

America's Debt Nightmare: Trillion-Dollar milestone ignored by treasury secretary

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022
September 20th, 2023 - 10:35 GMT

Cleveland Clinic Abu Dhabi reports 20 percent growth in international patient numbers in H1 2023 over H1 2022

Inflation slows in the UK to 6.7% in August below expectations
September 20th, 2023 - 10:22 GMT

Inflation slows in the UK to 6.7% in August below expectations

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations
September 20th, 2023 - 09:37 GMT

US markets close with collective losses amid rising treasury yields and federal reserve meeting expectations

Emirates NBD announces mega prize winners of  Salary Transfer campaign
September 20th, 2023 - 09:14 GMT

Emirates NBD announces mega prize winners of Salary Transfer campaign

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