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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 celebrates graduation of three staff members from Harvard Executive Leadership Program
June 1st, 2025 - 03:35 GMT

KIB celebrates graduation of three staff members from Harvard Executive Leadership Program

البنك العربي يطلق حملة ترويجية خاصة بالقروض السكنية
May 30th, 2025 - 06:16 GMT

البنك العربي يطلق حملة ترويجية خاصة بالقروض السكنية

Investcorp Capital Successfully Exits $550 million of Multifamily Assets at a Premium
May 30th, 2025 - 06:06 GMT

Investcorp Capital Successfully Exits $550 million of Multifamily Assets at a Premium

Ajman Bank partners with Canon Middle East to implement sustainable print initiatives
May 30th, 2025 - 05:27 GMT

Ajman Bank partners with Canon Middle East to implement sustainable print initiatives

United Arab Bank partners with Emirates Face Recognition (EFR)  to Launch a Seamless and Secure Digital Banking Experience via Its New Mobile App.
May 30th, 2025 - 05:17 GMT

United Arab Bank partners with Emirates Face Recognition (EFR) to Launch a Seamless and Secure Digital Banking Experience via Its New Mobile App.

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum
May 30th, 2025 - 04:34 GMT

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk
May 30th, 2025 - 04:32 GMT

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk

NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025
May 29th, 2025 - 06:02 GMT

NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025

Strategic Agreement Between Department of Finance in Ajman and Ajman Bank Boosts Operational Efficiency
May 28th, 2025 - 07:30 GMT

Strategic Agreement Between Department of Finance in Ajman and Ajman Bank Boosts Operational Efficiency

Bank of Jordan Signs Strategic Partnership with the Jordan Volleyball Federation
May 28th, 2025 - 07:08 GMT

Bank of Jordan Signs Strategic Partnership with the Jordan Volleyball Federation

CFI Launches Landmark Regional Education Day with Ten Simultaneous Seminars Across the Middle East
May 28th, 2025 - 06:22 GMT

CFI Launches Landmark Regional Education Day with Ten Simultaneous Seminars Across the Middle East

Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App — Enabling Faster, Safer, and Simpler Collections
May 28th, 2025 - 05:33 GMT

Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App — Enabling Faster, Safer, and Simpler Collections

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