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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 receives approvals to complete sale of Bank of Baghdad
January 12th, 2023 - 10:18 GMT

Burgan Bank receives approvals to complete sale of Bank of Baghdad

Dubai Islamic Bank offers new financing solutions to future Tesla owners
January 12th, 2023 - 07:45 GMT

Dubai Islamic Bank offers new financing solutions to future Tesla owners

ADGM publishes Healthcare Regulations
January 11th, 2023 - 08:33 GMT

ADGM publishes Healthcare Regulations

Kuwait Finance House - Bahrain Announces the Appointment of Mr. Majd Abdulla Ashoor
January 11th, 2023 - 07:44 GMT

Kuwait Finance House - Bahrain Announces the Appointment of Mr. Majd Abdulla Ashoor

Emirates NBD Is First Bank to Issue Dirham-bond Following UAE Federal Government’s Establishment of Yield Curve
January 11th, 2023 - 04:11 GMT

Emirates NBD Is First Bank to Issue Dirham-bond Following UAE Federal Government’s Establishment of Yield Curve

KIB sponsors disabled fencing championship final
January 10th, 2023 - 06:50 GMT

KIB sponsors disabled fencing championship final

Abu Dhabi offers latest PPP opportunity with launch of Khalifa University student accommodation tender process
January 10th, 2023 - 06:24 GMT

Abu Dhabi offers latest PPP opportunity with launch of Khalifa University student accommodation tender process

KPMG names Robert Ptaszynski as Head of Digital & Innovation
January 10th, 2023 - 05:54 GMT

KPMG names Robert Ptaszynski as Head of Digital & Innovation

National Bank of Oman Provides Growth Opportunities for Employees
January 10th, 2023 - 08:42 GMT

National Bank of Oman Provides Growth Opportunities for Employees

ADGM’s Abu Dhabi Sustainable Finance Forum (ADSFF) to return for its 5th Edition in 2023
January 9th, 2023 - 01:12 GMT

ADGM’s Abu Dhabi Sustainable Finance Forum (ADSFF) to return for its 5th Edition in 2023

Gulf Exchanges Announce Unified ESG Metrics for GCC Listed Companies
January 9th, 2023 - 08:09 GMT

Gulf Exchanges Announce Unified ESG Metrics for GCC Listed Companies

KPMG To Explore the Decarbonization Journey, and the Challenges/ Opportunities It May Present Within the Kingdom of Bahrain
January 9th, 2023 - 06:10 GMT

KPMG To Explore the Decarbonization Journey, and the Challenges/ Opportunities It May Present Within the Kingdom of Bahrain

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