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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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Sharjah Islamic Bank Successfully Issues USD 500 Million Sukuk Amid Busy Market Conditions
November 6th, 2025 - 04:25 GMT

Sharjah Islamic Bank Successfully Issues USD 500 Million Sukuk Amid Busy Market Conditions

Ajman Bank Partners with Emirates Driving Company to Finance Strategic Stake in Mwasalat Holdings
November 6th, 2025 - 03:42 GMT

Ajman Bank Partners with Emirates Driving Company to Finance Strategic Stake in Mwasalat Holdings

The International Islamic Trade Finance Corporation (ITFC) and Türk Eximbank Sign US$ 200 Million Financing Facility
November 6th, 2025 - 03:26 GMT

The International Islamic Trade Finance Corporation (ITFC) and Türk Eximbank Sign US$ 200 Million Financing Facility

Bitget Lights Up UNTOLD Dubai with Immersive LED Tower and Global Fan Experience
November 5th, 2025 - 04:06 GMT

Bitget Lights Up UNTOLD Dubai with Immersive LED Tower and Global Fan Experience

Burgan Bank Announces its Financial Results for the First Nine Months of 2025
November 5th, 2025 - 02:47 GMT

Burgan Bank Announces its Financial Results for the First Nine Months of 2025

NBB Approaches its Grand Prize draw with Four Seafront Villas and $2 Million to be Won
November 5th, 2025 - 02:39 GMT

NBB Approaches its Grand Prize draw with Four Seafront Villas and $2 Million to be Won

Markaz Reaffirms Support for LOYAC AC Milan Soccer Academy, Advancing Youth Development in Kuwait
November 5th, 2025 - 02:34 GMT

Markaz Reaffirms Support for LOYAC AC Milan Soccer Academy, Advancing Youth Development in Kuwait

eToro launches Club subscription, unlocking Platinum tier benefits
November 5th, 2025 - 02:31 GMT

eToro launches Club subscription, unlocking Platinum tier benefits

KIB holds specialized workshop discussing scientific and technical foundations of hotel valuation as part of its Third Real Estate Forum activities
November 5th, 2025 - 02:30 GMT

KIB holds specialized workshop discussing scientific and technical foundations of hotel valuation as part of its Third Real Estate Forum activities

Visa and Transcard Collaborate to Deliver Advanced Embedded Working Capital Solutions in Freight & Logistics
November 5th, 2025 - 02:13 GMT

Visa and Transcard Collaborate to Deliver Advanced Embedded Working Capital Solutions in Freight & Logistics

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments
November 4th, 2025 - 02:13 GMT

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments

NBB and BBK Sign Memorandum of Understanding
November 3rd, 2025 - 02:43 GMT

NBB and BBK Sign Memorandum of Understanding

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