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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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AMBIPAR and Ajman Bank Forge Strategic Partnership Toward a Joint Sustainability Journey
August 7th, 2025 - 10:51 GMT

AMBIPAR and Ajman Bank Forge Strategic Partnership Toward a Joint Sustainability Journey

NBB Introduces Structured Investment Products for Accredited Investors
August 6th, 2025 - 11:56 GMT

NBB Introduces Structured Investment Products for Accredited Investors

Burgan Bank Launches “Data Champion” Bootcamp in Partnership with CODED
August 6th, 2025 - 10:07 GMT

Burgan Bank Launches “Data Champion” Bootcamp in Partnership with CODED

United Arab Bank Successfully Raises AED 1.03 billion  through Rights Issue
August 6th, 2025 - 10:04 GMT

United Arab Bank Successfully Raises AED 1.03 billion through Rights Issue

Markaz records Total Revenue of KD 14.45 million for H1-2025
August 6th, 2025 - 08:38 GMT

Markaz records Total Revenue of KD 14.45 million for H1-2025

KIB delivers a workshop on the fundamentals of investment and real estate appraisal at Kuwait University for the third consecutive year
August 6th, 2025 - 08:11 GMT

KIB delivers a workshop on the fundamentals of investment and real estate appraisal at Kuwait University for the third consecutive year

KIB signs an agreement with The British School of Kuwait to offer a zero-profit tuition installment service
August 5th, 2025 - 09:58 GMT

KIB signs an agreement with The British School of Kuwait to offer a zero-profit tuition installment service

Dubai Investments H1 2025 profit before tax surges to AED 546.28 million
August 5th, 2025 - 09:04 GMT

Dubai Investments H1 2025 profit before tax surges to AED 546.28 million

Alkhabeer Capital Partners with AWRAAQ Digital to Launch Innovative Block Trade Negotiation System
August 5th, 2025 - 07:59 GMT

Alkhabeer Capital Partners with AWRAAQ Digital to Launch Innovative Block Trade Negotiation System

Gold extends rally as weak jobs data fuels hopes for fed rate cut
August 5th, 2025 - 07:33 GMT
Mansour Al-Maswari

Gold extends rally as weak jobs data fuels hopes for fed rate cut

NBB Delivers Financial Literacy Workshops as Part of its Sponsorship of Youth City 2030
August 5th, 2025 - 06:15 GMT

NBB Delivers Financial Literacy Workshops as Part of its Sponsorship of Youth City 2030

Rasmala Delivers Robotics-Enabled Logistics Facility in the Netherlands
August 4th, 2025 - 11:55 GMT

Rasmala Delivers Robotics-Enabled Logistics Facility in the Netherlands

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