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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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MTS Bank hit with new US sanctions
February 26th, 2023 - 08:59 GMT

UAE weighs 'options' on US-sanctions hit Russian bank

kPMG in bahrain to host a seminar to discuss the evolving tax landscape in bahrain and the united arab emirates (uae)
February 26th, 2023 - 08:27 GMT

kPMG in bahrain to host a seminar to discuss the evolving tax landscape in bahrain and the united arab emirates

ADCB introduces the new 365 Cashback Credit Card with unparalleled cashback and lifestyle benefits
February 26th, 2023 - 05:52 GMT

ADCB introduces the new 365 Cashback Credit Card with unparalleled cashback and lifestyle benefits

World Bank
February 23rd, 2023 - 03:48 GMT

Ajay Banga nominated to lead World Bank

DIFC Announces New DIFC Venture Studio Regulations for Consultation
February 23rd, 2023 - 10:42 GMT

DIFC Announces New DIFC Venture Studio Regulations for Consultation

ADGM Innovation Challenge Hosted by FSRA Opens for Applications with Corporate Champions HSBC, RAKBANK & Aldar
February 23rd, 2023 - 06:40 GMT

ADGM Innovation Challenge Hosted by FSRA Opens for Applications with Corporate Champions HSBC, RAKBANK & Aldar

Burgan Bank Sponsors the Sabah Al-Ahmad School Beautification Campaign in Cooperation with Al-Ahmadi Governorate
February 22nd, 2023 - 10:35 GMT

Burgan Bank Sponsors the Sabah Al-Ahmad School Beautification Campaign in Cooperation with Al-Ahmadi Governorate

Boursa Kuwait and TradingView partner to maximize access to Kuwaiti capital market data and analytics on a global scale
February 22nd, 2023 - 09:33 GMT

Boursa Kuwait and TradingView partner to maximize access to Kuwaiti capital market data and analytics on a global scale

ADGM Chairman visits Winton Capital to mark the fourth anniversary of its Abu Dhabi office
February 22nd, 2023 - 06:30 GMT

ADGM Chairman visits Winton Capital to mark the fourth anniversary of its Abu Dhabi office

HSBC pre-tax profits slip
February 21st, 2023 - 08:56 GMT

HSBC pre-tax profits slip in 2022

KIB offers the best financing on Chery cars
February 21st, 2023 - 06:19 GMT

KIB offers the best financing on Chery cars

ADIB Saves Five Million Sheets of Paper In 2022
February 21st, 2023 - 08:23 GMT

ADIB Saves Five Million Sheets of Paper In 2022

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