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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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Warba Bank Concludes “Rowad 6.0” in London
December 29th, 2025 - 10:26 GMT

Warba Bank Concludes “Rowad 6.0” in London

NBB Recognised with Citi 2024 STP Award for Excellence in Treasury Payment Processing
December 29th, 2025 - 04:48 GMT

NBB Recognised with Citi 2024 STP Award for Excellence in Treasury Payment Processing

Alkhabeer Capital Unveils a Next-Generation Brokerage Platform
December 29th, 2025 - 04:45 GMT

Alkhabeer Capital Unveils a Next-Generation Brokerage Platform

Thriving Nature... Thriving Opportunities The Role of Wadis and Oases in Diriyah’s Sustainable Development
December 28th, 2025 - 03:50 GMT

Thriving Nature... Thriving Opportunities The Role of Wadis and Oases in Diriyah’s Sustainable Development

Burgan Bank Participates in Oracle’s Data and AI Forum
December 28th, 2025 - 03:27 GMT

Burgan Bank Participates in Oracle’s Data and AI Forum

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets
December 26th, 2025 - 08:41 GMT

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets

Markaz successfully closes 5-year KD 35 million bond issue
December 25th, 2025 - 06:01 GMT

Markaz successfully closes 5-year KD 35 million bond issue

Burgan Bank and AUK Partner to Shape the Future of Kuwaiti Talent
December 24th, 2025 - 08:40 GMT

Burgan Bank and AUK Partner to Shape the Future of Kuwaiti Talent

KIB concludes its participation as strategic sponsor of 2025 International Conference and Forum on Assistive Technologies for Special Needs
December 24th, 2025 - 08:32 GMT

KIB concludes its participation as strategic sponsor of 2025 International Conference and Forum on Assistive Technologies for Special Needs

Gold
December 23rd, 2025 - 09:37 GMT
Al Bawaba Staff

Gold prices hit record high due to US-Venezuela tensions

Mashreq announces successful closing of its US$ 2 billion dual tranche syndicated term loan facilities
December 23rd, 2025 - 08:07 GMT

Mashreq announces successful closing of its US$ 2 billion dual tranche syndicated term loan facilities

Boursa Kuwait concludes its gold sponsorship and hosting of LOYAC’s Kontinue Program, ushering in a new cohort of entrepreneurs
December 23rd, 2025 - 07:59 GMT

Boursa Kuwait concludes its gold sponsorship and hosting of LOYAC’s Kontinue Program, ushering in a new cohort of entrepreneurs

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