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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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ADX launches FTSE ADX Dividend Stars Index, providing investors with access to high-dividend stocks
December 4th, 2025 - 04:49 GMT

ADX launches FTSE ADX Dividend Stars Index, providing investors with access to high-dividend stocks

The Islamic Development Bank Institute (IsDBI) and Arab Monetary Fund (AMF) Deliver Training on Using Artificial Intelligence to Foster the Islamic Financial Industry
December 4th, 2025 - 04:44 GMT

The Islamic Development Bank Institute (IsDBI) and Arab Monetary Fund (AMF) Deliver Training on Using Artificial Intelligence to Foster the Islamic Financial Industry

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-
December 3rd, 2025 - 06:33 GMT

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-

Warba Bank’s “Rowad 6.0” Continues to Strengthen Student Skills Through Creativity and Innovation
December 2nd, 2025 - 01:01 GMT

Warba Bank’s “Rowad 6.0” Continues to Strengthen Student Skills Through Creativity and Innovation

Infobip and MoneyGram Haas F1 Team Unveil Interactive Fan Quiz to Accelerate Digital Engagement
December 1st, 2025 - 02:44 GMT

Infobip and MoneyGram Haas F1 Team Unveil Interactive Fan Quiz to Accelerate Digital Engagement

Sheikh Mohammed Jarrah Al-Sabah joins meeting with Lebanese Prime Minister Nawaf Salam
December 1st, 2025 - 02:35 GMT

Sheikh Mohammed Jarrah Al-Sabah joins meeting with Lebanese Prime Minister Nawaf Salam

Bank of Jordan Plants 500 Fruit Trees with Volunteers in Giza, in Collaboration with "The Green Caravan" Program
December 1st, 2025 - 02:31 GMT

Bank of Jordan Plants 500 Fruit Trees with Volunteers in Giza, in Collaboration with "The Green Caravan" Program

NBB and Batelco by Beyon Sign Agreement to Expand Integrated Retail Services
November 30th, 2025 - 03:09 GMT

NBB and Batelco by Beyon Sign Agreement to Expand Integrated Retail Services

Warba Bank establishes US$1 billion Sharia-compliant Certificates of Deposit  Programme
November 30th, 2025 - 03:01 GMT

Warba Bank establishes US$1 billion Sharia-compliant Certificates of Deposit Programme

Al-Jarrah represents Kuwait in 2025 Annual Arab Banking Conference
November 30th, 2025 - 02:28 GMT

Al-Jarrah represents Kuwait in 2025 Annual Arab Banking Conference

Visa, AlUla Moments, and BSF Collaborate to Offer Exclusive Lifestyle Experiences for Cardholders in Saudi Arabia.
November 28th, 2025 - 07:26 GMT

Visa, AlUla Moments, and BSF Collaborate to Offer Exclusive Lifestyle Experiences for Cardholders in Saudi Arabia.

Islamic Development Bank Institute (IsDBI) Launches eBook Reader App Review Competition
November 28th, 2025 - 06:55 GMT

Islamic Development Bank Institute (IsDBI) Launches eBook Reader App Review Competition

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