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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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Burgan Bank Extends Paternity Leave to Five Days for All Staff
February 21st, 2023 - 07:43 GMT

Burgan Bank Extends Paternity Leave to Five Days for All Staff

ADGM partners with Zand Bank to support SMEs in Abu Dhabi
February 20th, 2023 - 02:41 GMT

ADGM partners with Zand Bank to support SMEs in Abu Dhabi

US Dollar
February 20th, 2023 - 11:27 GMT

US Dollar steady amid robust data

Eshraq Investments Reports Annual Profit of Dh589.79 Million for 2022; Recommends 2 Fils Cash Dividend and Continued Share Buyback Program
February 20th, 2023 - 07:35 GMT

Eshraq Investments Reports Annual Profit of Dh589.79 Million for 2022; Recommends 2 Fils Cash Dividend and Continued Share Buyback Program

Burgan Bank Participates in Al-Bayan Bilingual School’s Annual Carnival as Platinum Sponsor
February 19th, 2023 - 07:45 GMT

Burgan Bank Participates in Al-Bayan Bilingual School’s Annual Carnival as Platinum Sponsor

KIB | The Stadium offered a first-of-its-kind world-class professional sports experience
February 19th, 2023 - 07:22 GMT

KIB | The Stadium offered a first-of-its-kind world-class professional sports experience

Al Salam Bank Launches New Multi-Currency Prepaid Visa Card Campaign
February 19th, 2023 - 06:05 GMT

Al Salam Bank Launches New Multi-Currency Prepaid Visa Card Campaign

China Renaissance Chairman and CEO Bao Fan
February 17th, 2023 - 03:08 GMT

Leading China banker Bao Fan disappears

KIB Sponsors and Participates in the ninth Atyab Al Marshood Equestrian Championship
February 17th, 2023 - 06:48 GMT

KIB Sponsors and Participates in the ninth Atyab Al Marshood Equestrian Championship

KIB closed on upcoming Israa’ and Mi’raj holiday, providing its banking services through digital channels
February 16th, 2023 - 10:19 GMT

KIB closed on upcoming Israa’ and Mi’raj holiday, providing its banking services through digital channels

Standard Chartered FY2022 Results Africa and Middle East
February 16th, 2023 - 07:49 GMT

Standard Chartered FY2022 Results Africa and Middle East

Al Salam Bank Launches 'Salary Transfer' Campaign to Reward Current and Prospective Clients
February 15th, 2023 - 04:41 GMT

Al Salam Bank Launches 'Salary Transfer' Campaign to Reward Current and Prospective Clients

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