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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 reports a net profit of AED 697.2 million for the first half of 2025, a 25% increase
July 16th, 2025 - 04:07 GMT

Sharjah Islamic Bank reports a net profit of AED 697.2 million for the first half of 2025, a 25% increase

Inovat wins FAB forward Fintech Challenge, run by First Abu Dhabi Bank and Mastercard
July 15th, 2025 - 06:58 GMT

Inovat wins FAB forward Fintech Challenge, run by First Abu Dhabi Bank and Mastercard

Kuwait eyes deeper financial sector engagement to support Vision 2035
July 15th, 2025 - 05:53 GMT

Kuwait eyes deeper financial sector engagement to support Vision 2035

ADCB reports profit before tax of AED 5.942 bn in H1’25, up 18% YoY and AED 3.035 bn in Q2’25, up 17% YoY
July 15th, 2025 - 05:19 GMT

ADCB reports profit before tax of AED 5.942 bn in H1’25, up 18% YoY and AED 3.035 bn in Q2’25, up 17% YoY

Mastercard Extends Partnership with Esports World Cup 2025
July 15th, 2025 - 05:02 GMT

Mastercard Extends Partnership with Esports World Cup 2025

Bank ABC recognised as the Best Bank in the Middle East for Transaction Banking by The Banker for a second time
July 14th, 2025 - 08:37 GMT

Bank ABC recognised as the Best Bank in the Middle East for Transaction Banking by The Banker for a second time

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025
July 14th, 2025 - 07:32 GMT

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025

RAKBANK Unveils New Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah
July 14th, 2025 - 06:40 GMT

RAKBANK Unveils New Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah

“Earn on Day One”: Invest Bank Rolls Out New Cash-Back Fixed Deposit
July 14th, 2025 - 06:35 GMT

“Earn on Day One”: Invest Bank Rolls Out New Cash-Back Fixed Deposit

Investcorp Sponsors New Entrepreneurship Center at AUBH to Empower Bahrain’s Next Generation of Innovators
July 14th, 2025 - 06:30 GMT

Investcorp Sponsors New Entrepreneurship Center at AUBH to Empower Bahrain’s Next Generation of Innovators

Bank of Jordan Named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance for Second Consecutive Year
July 14th, 2025 - 05:15 GMT

Bank of Jordan Named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance for Second Consecutive Year

Markaz Sponsors Vertical Farming Facility at The English School to Empower Future Environmental Leaders
July 13th, 2025 - 12:20 GMT

Markaz Sponsors Vertical Farming Facility at The English School to Empower Future Environmental Leaders

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