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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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National Bank of Oman supports the Oman conference and exhibition for civil defence and first aid
March 13th, 2023 - 07:03 GMT

National Bank of Oman supports the Oman conference and exhibition for civil defence and first aid

BisB Honors Winners of Outstanding Achievements Award with Prizes up to BHD 10,000
March 13th, 2023 - 06:42 GMT

BisB Honors Winners of Outstanding Achievements Award with Prizes up to BHD 10,000

Silicon Valley Bank
March 12th, 2023 - 12:32 GMT

US authorities shut down Silicon Valley Bank

KIB delivers seminar on the Foundations of Real Estate Investment and Evaluation at Kuwait University’s College of Architecture
March 12th, 2023 - 06:41 GMT

KIB delivers seminar on the Foundations of Real Estate Investment and Evaluation at Kuwait University’s College of Architecture

Sberbank results, 80% profit drop
March 9th, 2023 - 08:50 GMT

Profits plunge at Russia's sanctions-hit top lender Sberbank

Emirates NBD announces first-of-its-kind returnship programme in the region to support women returning to the workforce
March 8th, 2023 - 06:01 GMT

Emirates NBD announces first-of-its-kind returnship programme in the region to support women returning to the workforce

NBB Launches “AlGhalya” Credit Card Exclusively for Women
March 8th, 2023 - 05:45 GMT

NBB Launches “AlGhalya” Credit Card Exclusively for Women

Gulf capital receives full asset management licence from the financial services regulatory authority in Abu Dhabi and establishes its global headquarters in ADGM
March 8th, 2023 - 04:10 GMT

Gulf capital receives full asset management licence from the financial services regulatory authority in Abu Dhabi and establishes its global headquarters in ADGM

Sharjah Islamic Bank launches Emirates Digital Wallet’s klip in SIB Digital App
March 8th, 2023 - 03:52 GMT

Sharjah Islamic Bank launches Emirates Digital Wallet’s klip in SIB Digital App

NBO holds ‘market outlook’ session for its private banking customers
March 8th, 2023 - 10:52 GMT

NBO holds ‘market outlook’ session for its private banking customers

HSBC middle east scoops regional capital markets honour
March 8th, 2023 - 10:24 GMT

HSBC middle east scoops regional capital markets honour

Boursa Kuwait Rings the Bell for Gender Equality for the 6th consecutive year with the Kuwait Clearing Company
March 8th, 2023 - 10:12 GMT

Boursa Kuwait Rings the Bell for Gender Equality for the 6th consecutive year with the Kuwait Clearing Company

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