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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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NBB Launches Fourth Edition of the EVOLVE Summer Internship Programme
July 13th, 2025 - 05:29 GMT

NBB Launches Fourth Edition of the EVOLVE Summer Internship Programme

 Yousif Ahmed AlMutawa appointed Chief Real Estate Officer at Shurooq
July 13th, 2025 - 05:25 GMT

Yousif Ahmed AlMutawa appointed Chief Real Estate Officer at Shurooq

Kuwait unveils pivotal capital market transformation to boost efficiency and attract investments
July 13th, 2025 - 05:22 GMT

Kuwait unveils pivotal capital market transformation to boost efficiency and attract investments

Investcorp raises a €240m single-asset continuation fund to support HWG Sababa in the next phase of growth
July 11th, 2025 - 06:46 GMT

Investcorp raises a €240m single-asset continuation fund to support HWG Sababa in the next phase of growth

Bitcoin Eyes New Heights Amid Growing Institutional Demand and Regulatory Momentum
July 11th, 2025 - 05:20 GMT

Bitcoin Eyes New Heights Amid Growing Institutional Demand and Regulatory Momentum

Amazon Payment Services Partners with Tamara to Offer Seamless Split Payments for Merchants in the UAE and Saudi Arabia
July 10th, 2025 - 05:43 GMT

Amazon Payment Services Partners with Tamara to Offer Seamless Split Payments for Merchants in the UAE and Saudi Arabia

NBB Becomes the First and the Only Bank in Bahrain to Operate a Tier 3 Certified Data Centre
July 10th, 2025 - 04:45 GMT

NBB Becomes the First and the Only Bank in Bahrain to Operate a Tier 3 Certified Data Centre

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood Bank
July 9th, 2025 - 05:15 GMT

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood Bank

Arab Bank for Investment and Foreign Trade (Al Masraf) Strengthens Its Growth Strategy with Appointment of Chief Financial Officer
July 9th, 2025 - 05:06 GMT

Arab Bank for Investment and Foreign Trade (Al Masraf) Strengthens Its Growth Strategy with Appointment of Chief Financial Officer

DIB Arranges Landmark US$1 Billion Sovereign Financing for the Government of Pakistan in Collaboration with Regional and International Financial Institutions
July 9th, 2025 - 04:36 GMT

DIB Arranges Landmark US$1 Billion Sovereign Financing for the Government of Pakistan in Collaboration with Regional and International Financial Institutions

Deloitte Middle East wins gold at Employee Happiness Awards 2025
July 9th, 2025 - 04:33 GMT

Deloitte Middle East wins gold at Employee Happiness Awards 2025

 ADIB Advances Sustainable Finance Agenda with AED 17.3 Billion In Sustainable Finance Mobilised and 2030 Financed Emissions Targets Set
July 8th, 2025 - 04:22 GMT

ADIB Advances Sustainable Finance Agenda with AED 17.3 Billion In Sustainable Finance Mobilised and 2030 Financed Emissions Targets Set

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