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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 Takes Part in Kuwait’s Largest Job Fair: Watheefti
January 9th, 2023 - 04:22 GMT

Burgan Bank Takes Part in Kuwait’s Largest Job Fair: Watheefti

NBO Signs Agreement With Nesto Hypermarket To Provide Digital Banking Services
January 8th, 2023 - 09:24 GMT

NBO Signs Agreement With Nesto Hypermarket To Provide Digital Banking Services

NBB Welcomes New Group Chief Executive Officer
January 8th, 2023 - 09:17 GMT

NBB Welcomes New Group Chief Executive Officer

The Search for Burgan’s Kanz Culminates with the Crowning of a Millionaire
January 8th, 2023 - 04:46 GMT

The Search for Burgan’s Kanz Culminates with the Crowning of a Millionaire

Burgan Bank Concludes its Annual Sponsorship of Ahmadi Governate’s Day of People with Disabilities Event
January 5th, 2023 - 10:48 GMT

Burgan Bank Concludes its Annual Sponsorship of Ahmadi Governate’s Day of People with Disabilities Event

Sharjah Islamic Bank opens a new branch on King Faisal Street, Sharjah
January 4th, 2023 - 10:49 GMT

Sharjah Islamic Bank opens a new branch on King Faisal Street, Sharjah

Burgan Bank is Granted Wealth Management License
January 4th, 2023 - 09:38 GMT

Burgan Bank is Granted Wealth Management License

Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank Egypt
January 4th, 2023 - 08:29 GMT

Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank Egypt

Muzn’s Forward-looking Shari’a Supervisory Board Holds Q4 Meeting
January 2nd, 2023 - 10:37 GMT

Muzn’s Forward-looking Shari’a Supervisory Board Holds Q4 Meeting

Burgan Bank Renews its Sponsorship of Wheelchair Fencing Champion Tareq Al-Qallaf for 2023
January 2nd, 2023 - 10:07 GMT

Burgan Bank Renews its Sponsorship of Wheelchair Fencing Champion Tareq Al-Qallaf for 2023

KPMG delivers strong global revenues, reporting 14% growth in FY22
January 2nd, 2023 - 09:35 GMT

KPMG delivers strong global revenues, reporting 14% growth in FY22

National Bonds, Lulu Exchange Sign Strategic Agreement to Boost Savings Culture in UAE
January 2nd, 2023 - 07:50 GMT

National Bonds, Lulu Exchange Sign Strategic Agreement to Boost Savings Culture in UAE

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