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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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Markaz Report: GCC Fixed Income market sees USD 38.74 billion in primary issuances during Q3 2025 representing a 32% increase from the same period last year
October 30th, 2025 - 02:06 GMT

Markaz Report: GCC Fixed Income market sees USD 38.74 billion in primary issuances during Q3 2025 representing a 32% increase from the same period last year

CBI Launches CBIx to Power Banking Innovation and Corporate Venture Capital
October 30th, 2025 - 01:54 GMT

CBI Launches CBIx to Power Banking Innovation and Corporate Venture Capital

Warba Bank launches “Ignite” to empower future leaders
October 30th, 2025 - 01:41 GMT

Warba Bank launches “Ignite” to empower future leaders

Burgan Bank: Platinum Sponsor of the FIP World Cup Pairs 2025 — Marking a Milestone for Padel in Kuwait
October 30th, 2025 - 01:27 GMT

Burgan Bank: Platinum Sponsor of the FIP World Cup Pairs 2025 — Marking a Milestone for Padel in Kuwait

KIB Group reports net profit of KD 20.4 million in the nine months of 2025
October 30th, 2025 - 01:25 GMT

KIB Group reports net profit of KD 20.4 million in the nine months of 2025

NBB Expands Market Making Capabilities in Bonds and Sukuks and Enhances Custody Services to Elevate Wealth Management Experience
October 30th, 2025 - 01:23 GMT

NBB Expands Market Making Capabilities in Bonds and Sukuks and Enhances Custody Services to Elevate Wealth Management Experience

Islamic Development Bank Prize Laureates Deliver Lectures on ‎their Award-Winning Projects
October 30th, 2025 - 01:14 GMT

Islamic Development Bank Prize Laureates Deliver Lectures on ‎their Award-Winning Projects

Boursa Kuwait signs an agreement of understanding with the CFA Institute
October 29th, 2025 - 03:46 GMT

Boursa Kuwait signs an agreement of understanding with the CFA Institute

Markaz Concludes Participation in Kuwait Banking Association’s Conference in Washington
October 29th, 2025 - 03:31 GMT

Markaz Concludes Participation in Kuwait Banking Association’s Conference in Washington

Mastercard introduces first-ever threat intelligence solution to combat payment fraud at scale
October 29th, 2025 - 03:27 GMT

Mastercard introduces first-ever threat intelligence solution to combat payment fraud at scale

United Arab Bank Net Profit up by 49%  for the nine months ended September 2025
October 29th, 2025 - 03:14 GMT

United Arab Bank Net Profit up by 49% for the nine months ended September 2025

ADX launches “Market Intelligence Lab” at Liwa University to advance financial literacy and empower future leaders
October 29th, 2025 - 02:51 GMT

ADX launches “Market Intelligence Lab” at Liwa University to advance financial literacy and empower future leaders

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