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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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90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report
November 13th, 2025 - 03:40 GMT

90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company
November 13th, 2025 - 03:05 GMT

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million
November 13th, 2025 - 03:02 GMT

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million

Visa Direct Stablecoin Payouts Pilot Speeds Up Access to Funds for Creators & Gig Workers
November 13th, 2025 - 02:49 GMT

Visa Direct Stablecoin Payouts Pilot Speeds Up Access to Funds for Creators & Gig Workers

Visa and Bank al Etihad Stay Secure Study: 96% of Consumers in Jordan Proactively Safeguard Digital Payments
November 13th, 2025 - 02:36 GMT

Visa and Bank al Etihad Stay Secure Study: 96% of Consumers in Jordan Proactively Safeguard Digital Payments

The Mastercard Collection debuts in Eastern Europe, Middle East and Africa, delivering elevated cardholder experiences
November 12th, 2025 - 04:40 GMT

The Mastercard Collection debuts in Eastern Europe, Middle East and Africa, delivering elevated cardholder experiences

KIB sponsors the national initiative “Soqia Al-Ghad” in a strategic partnership with Capital Governorate
November 12th, 2025 - 04:33 GMT

KIB sponsors the national initiative “Soqia Al-Ghad” in a strategic partnership with Capital Governorate

NBB Achieves Record-breaking Net Profit Attributable to the Shareholders for the Nine Months Ended 30 September 2025
November 12th, 2025 - 03:59 GMT

NBB Achieves Record-breaking Net Profit Attributable to the Shareholders for the Nine Months Ended 30 September 2025

Burgan Bank Concludes Its Platinum Sponsorship of the FIP World Cup Pairs 2025 in a Festive Atmosphere Reflecting the Spirit of Kuwait
November 12th, 2025 - 03:41 GMT

Burgan Bank Concludes Its Platinum Sponsorship of the FIP World Cup Pairs 2025 in a Festive Atmosphere Reflecting the Spirit of Kuwait

Bank ABC announces results for the 9 months period ended 30 September 2025
November 12th, 2025 - 03:24 GMT

Bank ABC announces results for the 9 months period ended 30 September 2025

  KIB publishes its fourth annual Sustainability Report and highlights its ESG achievements
November 11th, 2025 - 03:37 GMT

KIB publishes its fourth annual Sustainability Report and highlights its ESG achievements

Gulf International Bank Announces Successful USD 1 Billion Term Loan Financing for Energy Development Oman
November 11th, 2025 - 03:27 GMT

Gulf International Bank Announces Successful USD 1 Billion Term Loan Financing for Energy Development Oman

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