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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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Mashreq Launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE's Most Rewarding Savings Interest Rates
June 11th, 2025 - 08:41 GMT

Mashreq Launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE's Most Rewarding Savings Interest Rates

DIB Marks 50 Years of Progress with Prizes Worth AED 10 Million for Customers
June 11th, 2025 - 08:27 GMT

DIB Marks 50 Years of Progress with Prizes Worth AED 10 Million for Customers

 Deutsche Bank and Ant International Announce Strategic Partnership to Provide Integrated Cross-Border Payment Solutions to Global Merchants
June 11th, 2025 - 03:25 GMT

Deutsche Bank and Ant International Announce Strategic Partnership to Provide Integrated Cross-Border Payment Solutions to Global Merchants

Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients
June 10th, 2025 - 10:07 GMT

Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients

CorroHealth Makes Strategic Investment in Gulf Capital’s SANTECHTURE, Infusing CorroHealth AI Capabilities into SANTECHTURE RCM Products Throughout GCC Region
June 10th, 2025 - 03:10 GMT

CorroHealth Makes Strategic Investment in Gulf Capital’s SANTECHTURE, Infusing CorroHealth AI Capabilities into SANTECHTURE RCM Products Throughout GCC Region

UAE Steady Amid Market Swings
June 9th, 2025 - 05:42 GMT

UAE Steady Amid Market Swings

Visa Cash App Racing Bulls (VCARB) Formula One™ Team Accelerates Racing Car Design with Neural Concept’s Engineering AI
June 6th, 2025 - 03:23 GMT

Visa Cash App Racing Bulls (VCARB) Formula One™ Team Accelerates Racing Car Design with Neural Concept’s Engineering AI

NBB Participates in Tree Planting Drive in Zallaq and Zayed Town
June 5th, 2025 - 05:35 GMT

NBB Participates in Tree Planting Drive in Zallaq and Zayed Town

Armenia Stock Exchange Goes Live on Tabadul Platform
June 5th, 2025 - 04:15 GMT

Armenia Stock Exchange Goes Live on Tabadul Platform

United Arab Bank PJSC launches strategic Rights Issue  to raise up to AED 1.03 billion
June 5th, 2025 - 04:12 GMT

United Arab Bank PJSC launches strategic Rights Issue to raise up to AED 1.03 billion

Visa Appoints Andrew Torre as President of Value-Added Services
June 5th, 2025 - 04:03 GMT

Visa Appoints Andrew Torre as President of Value-Added Services

ADIB to Hire 400 Emiratis in Al Ain by 2026 as Part of National Talent Development Strategy
June 4th, 2025 - 04:26 GMT

ADIB to Hire 400 Emiratis in Al Ain by 2026 as Part of National Talent Development Strategy

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