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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase
January 23rd, 2026 - 10:19 GMT

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase

Sharjah Islamic Bank delivered a strong financial and operational performance during 2025, supported by balanced growth across its core activities. Net profit after tax reached AED 1.32 billion, representing an increase of 26% compared to AED 1.05 billion recorded in 2024. Income from Islamic financing investments and sukuk increased by AED 175.0 million, representing a growth rate of 4.7%, reaching approximately AED 3.9 billion in 2025, compared to AED 3.7 billion in the previous year. Meanwhile, distributions to depositors and sukuk holders amounted to AED 2.3 billion, compared to AED ...
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NBO credit card holders can earn 10% cashback on purchases during ramadan
March 26th, 2023 - 06:05 GMT

NBO credit card holders can earn 10% cashback on purchases during ramadan

Boursa Kuwait’s Annual General Assembly Meeting approves cash dividend of over KD 17 million for 2022
March 26th, 2023 - 05:41 GMT

Boursa Kuwait’s Annual General Assembly Meeting approves cash dividend of over KD 17 million for 2022

KPMG in Bahrain in collaboration with the Economic Development Board (EDB) discuss innovative funding solutions for Startups and SMEs
March 23rd, 2023 - 08:52 GMT

KPMG in Bahrain in collaboration with the Economic Development Board (EDB) discuss innovative funding solutions for Startups and SMEs

NBB Group Holds Annual General Meeting
March 23rd, 2023 - 08:41 GMT

NBB Group Holds Annual General Meeting

KIB announces working hours during Ramadan
March 23rd, 2023 - 08:27 GMT

KIB announces working hours during Ramadan

Gulf International Bank B.S.C. and GIB Capital Win Five Honours from the EMEA Finance Middle East Banking Awards 2022
March 23rd, 2023 - 07:20 GMT

Gulf International Bank B.S.C. and GIB Capital Win Five Honours from the EMEA Finance Middle East Banking Awards 2022

7 key metrics to evaluate bank health
March 22nd, 2023 - 06:01 GMT

7 key metrics to evaluate bank health

Burgan Bank is First Bank in Kuwait to be listed as a Great Place to Work 2023
March 22nd, 2023 - 09:27 GMT

Burgan Bank is First Bank in Kuwait to be listed as a Great Place to Work 2023

Emirates Islamic launches cash back campaign to incentivise SME Trade development in the UAE
March 22nd, 2023 - 09:15 GMT

Emirates Islamic launches cash back campaign to incentivise SME Trade development in the UAE

National Bank of Oman holds annual general meeting and elects a new board of directors
March 22nd, 2023 - 08:53 GMT

National Bank of Oman holds annual general meeting and elects a new board of directors

Bank ABC Partners with Temenos and NdcTech to Implement  Next-Generation Core Banking System
March 22nd, 2023 - 08:15 GMT

Bank ABC Partners with Temenos and NdcTech to Implement Next-Generation Core Banking System

KPMG in Kuwait conducts all-women event ProudCast; aims to inspire change in young women
March 21st, 2023 - 07:18 GMT

KPMG in Kuwait conducts all-women event ProudCast; aims to inspire change in young women

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