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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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Burgan Bank Appoints Danah Faisal AlJasem as General Manager of Corporate Communications
May 6th, 2025 - 10:43 GMT

Burgan Bank Appoints Danah Faisal AlJasem as General Manager of Corporate Communications

Invest Bank Unveils iPlus Fixed Deposit Offer with Competitive Returns. “Not for Everyone, But it is for You”
May 6th, 2025 - 07:58 GMT

Invest Bank Unveils iPlus Fixed Deposit Offer with Competitive Returns. “Not for Everyone, But it is for You”

FII Institute and Visa Sign Strategic Partnership Agreement to Accelerate Innovation for Humanity
May 5th, 2025 - 09:49 GMT

FII Institute and Visa Sign Strategic Partnership Agreement to Accelerate Innovation for Humanity

ila Bank named ‘MENA Retail Bank of the Year’ at the 2025 MEED MENA Banking Excellence Awards
May 5th, 2025 - 05:50 GMT

ila Bank named ‘MENA Retail Bank of the Year’ at the 2025 MEED MENA Banking Excellence Awards

Boursa Kuwait increases its net profit by 69.48% in the first quarter of 2025 to reach KD 7.94 million
May 4th, 2025 - 04:47 GMT

Boursa Kuwait increases its net profit by 69.48% in the first quarter of 2025 to reach KD 7.94 million

Burgan Bank Celebrates 15 Employees’ Graduation from KIBS Certification Programs
May 4th, 2025 - 04:30 GMT

Burgan Bank Celebrates 15 Employees’ Graduation from KIBS Certification Programs

The Future is Here: Visa Announces New Era of Commerce Featuring AI
May 1st, 2025 - 09:57 GMT

The Future is Here: Visa Announces New Era of Commerce Featuring AI

KPMG publishes latest report comparing Kuwait’s leading listed banks’ financial performance; anticipates top trends for the banking sector
April 30th, 2025 - 08:54 GMT

KPMG publishes latest report comparing Kuwait’s leading listed banks’ financial performance; anticipates top trends for the banking sector

ADCB reports 20% YoY rise in profit before tax to AED 2.907 bn in Q1’25, with net profit after tax(1)  at AED 2.446 bn
April 30th, 2025 - 05:01 GMT

ADCB reports 20% YoY rise in profit before tax to AED 2.907 bn in Q1’25, with net profit after tax(1) at AED 2.446 bn

KIB emphasizes the importance of saving and investing as core elements of a secure banking experience
April 29th, 2025 - 11:31 GMT

KIB emphasizes the importance of saving and investing as core elements of a secure banking experience

FAB delivers record Q1’25 results with total income of AED 8.81 billion. 23% rise in net profit to AED 5.13 billion
April 29th, 2025 - 04:34 GMT

FAB delivers record Q1’25 results with total income of AED 8.81 billion. 23% rise in net profit to AED 5.13 billion

KPMG publishes latest report comparing Kuwait’s leading listed banks’ financial performance; anticipates top trends for the banking sector
April 28th, 2025 - 02:17 GMT

KPMG publishes latest report comparing Kuwait’s leading listed banks’ financial performance; anticipates top trends for the banking sector

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