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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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KIB promotes Khloud Al-Salem to General Manager of the Legal Department
July 7th, 2025 - 08:27 GMT

KIB promotes Khloud Al-Salem to General Manager of the Legal Department

Mashreq announces AED 126 million Sustainable financing facility for one of the UAE's leading sustainable steel producers, Arabian Gulf Steel Industries
July 7th, 2025 - 08:19 GMT

Mashreq announces AED 126 million Sustainable financing facility for one of the UAE's leading sustainable steel producers, Arabian Gulf Steel Industries

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million
July 7th, 2025 - 06:05 GMT

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million

NBB and Fab Lab Bahrain Launch Second Edition of TechStride to Empower Future Innovators
July 7th, 2025 - 05:13 GMT

NBB and Fab Lab Bahrain Launch Second Edition of TechStride to Empower Future Innovators

Mastercard and Octet Türkiye collaborate to enhance financial flexibility for businesses across MENA
July 4th, 2025 - 06:37 GMT

Mastercard and Octet Türkiye collaborate to enhance financial flexibility for businesses across MENA

Dubai Investments Announces Key Leadership Appointments
July 4th, 2025 - 06:26 GMT

Dubai Investments Announces Key Leadership Appointments

Abu Dhabi Securities Exchange (ADX) partners with HSBC and FAB to launch MENA’s First Digital Bond
July 4th, 2025 - 05:25 GMT

Abu Dhabi Securities Exchange (ADX) partners with HSBC and FAB to launch MENA’s First Digital Bond

Burgan Bank Signs Partnership with SAP to Deploy the SuccessFactors HCM System
July 3rd, 2025 - 06:02 GMT

Burgan Bank Signs Partnership with SAP to Deploy the SuccessFactors HCM System

Ajman Bank and VaultsPay Partner to Launch Co-Branded Payment Processing Solution and Instant Settlement for Business Clients
July 3rd, 2025 - 05:54 GMT

Ajman Bank and VaultsPay Partner to Launch Co-Branded Payment Processing Solution and Instant Settlement for Business Clients

CFI Becomes Official Online Trading Partner of Etihad Arena in Abu Dhabi
July 3rd, 2025 - 05:20 GMT

CFI Becomes Official Online Trading Partner of Etihad Arena in Abu Dhabi

Bank of Jordan Signs Agreement to Support Sustainable Urban Transport with Amman Vision Transport
July 2nd, 2025 - 05:44 GMT

Bank of Jordan Signs Agreement to Support Sustainable Urban Transport with Amman Vision Transport

NBB Becomes First Bank in Bahrain to Offer Complimentary Annual Privilee Membership to World Elite Exclusive Cardholders
July 1st, 2025 - 08:04 GMT

NBB Becomes First Bank in Bahrain to Offer Complimentary Annual Privilee Membership to World Elite Exclusive Cardholders

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