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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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Markaz hosts exclusive investor session on private credit trends and portfolio strategies
May 28th, 2025 - 05:07 GMT

Markaz hosts exclusive investor session on private credit trends and portfolio strategies

DIB Signs USD 150 Million Murabaha Deal with Turkcell to Accelerate Türkiye’s Tech Transformation
May 27th, 2025 - 12:16 GMT

DIB Signs USD 150 Million Murabaha Deal with Turkcell to Accelerate Türkiye’s Tech Transformation

Visa Appoints Antony Cahill as Chief Executive Officer of European Operations
May 27th, 2025 - 12:09 GMT

Visa Appoints Antony Cahill as Chief Executive Officer of European Operations

 Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market
May 27th, 2025 - 11:49 GMT

Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market

KIB continues its efforts to boost banking security during Eid Al-Adha
May 27th, 2025 - 09:27 GMT

KIB continues its efforts to boost banking security during Eid Al-Adha

The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
May 27th, 2025 - 07:43 GMT

The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria

NBB Group First in Middle East & Africa Region to Activate Wire 365 from J.P. Morgan Payments
May 27th, 2025 - 06:12 GMT

NBB Group First in Middle East & Africa Region to Activate Wire 365 from J.P. Morgan Payments

RAKBANK wins Euromoney’s prestigious award for UAE’s Best Bank for SMEs
May 27th, 2025 - 05:39 GMT

RAKBANK wins Euromoney’s prestigious award for UAE’s Best Bank for SMEs

Bank ABC Islamic Named ‘Best Sukuk House in Bahrain’ at Euromoney Islamic Finance Awards 2025
May 27th, 2025 - 04:41 GMT

Bank ABC Islamic Named ‘Best Sukuk House in Bahrain’ at Euromoney Islamic Finance Awards 2025

Air Arabia begins accepting cryptocurrency payments for tickets
May 26th, 2025 - 02:02 GMT
Reema Tuqan

Air Arabia begins accepting cryptocurrency payments for tickets

ila Bank wins ‘Best Consumer Digital Bank in Bahrain’ title at Euromoney Awards for Excellence 2025
May 26th, 2025 - 09:01 GMT

ila Bank wins ‘Best Consumer Digital Bank in Bahrain’ title at Euromoney Awards for Excellence 2025

Boursa Kuwait recognized by Global Finance for its outstanding financial leadership in community sustainability
May 26th, 2025 - 08:31 GMT

Boursa Kuwait recognized by Global Finance for its outstanding financial leadership in community sustainability

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