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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base
July 13th, 2026 - 08:24 GMT

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base

Sharjah Islamic Bank (SIB) continued to deliver strong financial and operational performance during the first half of 2026, supported by balanced growth across its core business activities, successful revenue diversification, enhanced operating efficiency, and a strengthened capital base that supports the execution of its expansion strategy and reinforces its ability to sustain long-term growth. Net profit after tax reached AED 803.9 million for the first half of 2026, compared to AED 697.2 million during the corresponding period of 2025, representing a growth of 15.3%. This performance reflects the strength of ...
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ABC Labs wins the ‘World’s Best Financial Innovation Labs’ award for the fourth time
January 12th, 2026 - 08:27 GMT

ABC Labs wins the ‘World’s Best Financial Innovation Labs’ award for the fourth time

HSBC is the first global asset manager to launch onshore funds in the UAE
January 12th, 2026 - 08:02 GMT

HSBC is the first global asset manager to launch onshore funds in the UAE

botim money Collaborates with Mastercard to Expand and Accelerate Embedded Cross-Border Payments
January 12th, 2026 - 07:28 GMT

botim money Collaborates with Mastercard to Expand and Accelerate Embedded Cross-Border Payments

Boursa Kuwait concludes awareness session on IFRS developments and the new DMTT law for multinational enterprises
January 11th, 2026 - 08:45 GMT

Boursa Kuwait concludes awareness session on IFRS developments and the new DMTT law for multinational enterprises

Burgan Bank Introduces Credit Card Payment Using SoftPOS
January 11th, 2026 - 08:44 GMT

Burgan Bank Introduces Credit Card Payment Using SoftPOS

Sahm Investment Strategy Summit Panel Discusses Saudi Arabia’s 2026 Investment Outlook
January 11th, 2026 - 06:00 GMT

Sahm Investment Strategy Summit Panel Discusses Saudi Arabia’s 2026 Investment Outlook

BingX Introduces BingX TradFi, Expanding Access to Global Financial Markets
January 11th, 2026 - 05:42 GMT

BingX Introduces BingX TradFi, Expanding Access to Global Financial Markets

NBB Concludes EVOLVE Winter Programme in Collaboration with the Crown Prince's International Scholarship Programme (CPISP)
January 11th, 2026 - 05:32 GMT

NBB Concludes EVOLVE Winter Programme in Collaboration with the Crown Prince's International Scholarship Programme (CPISP)

Markaz: GCC IPOs raise USD 5.1 billion in 2025
January 11th, 2026 - 05:29 GMT

Markaz: GCC IPOs raise USD 5.1 billion in 2025

Burgan Bank and Kamco Invest to host their third Investment Conference, bringing together thought leaders and industry experts
January 11th, 2026 - 05:24 GMT

Burgan Bank and Kamco Invest to host their third Investment Conference, bringing together thought leaders and industry experts

KIB hosts the Public Institution for Social Security for a strategic knowledge-sharing workshop on operational excellence
January 11th, 2026 - 05:20 GMT

KIB hosts the Public Institution for Social Security for a strategic knowledge-sharing workshop on operational excellence

NBB Receives Deutsche Bank Client Excellence Award at Sibos
January 8th, 2026 - 05:11 GMT

NBB Receives Deutsche Bank Client Excellence Award at Sibos

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