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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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KIB becomes the first bank in Kuwait to offer privileged travel services
January 2nd, 2023 - 06:22 GMT

KIB becomes the first bank in Kuwait to offer privileged travel services

NBO Recognised by Ministry of Social Development for Empowering Disabled Persons
January 1st, 2023 - 11:47 GMT

NBO Recognised by Ministry of Social Development for Empowering Disabled Persons

The Mastercard Economics Institute’s Economic Outlook for 2023: What the ‘multi-speed’ global economy means
December 29th, 2022 - 10:31 GMT

The Mastercard Economics Institute’s Economic Outlook for 2023: What the ‘multi-speed’ global economy means

Bank of Japan monetary policy
December 29th, 2022 - 10:22 GMT

Bank of Japan holsters Kuroda’s bazooka

Abu Dhabi Islamic Bank launches ADIB PAY, region’s first token payment enabled wearables, in partnership with Tappy Technologies and Visa
December 29th, 2022 - 07:30 GMT

Abu Dhabi Islamic Bank launches ADIB PAY, region’s first token payment enabled wearables, in partnership with Tappy Technologies and Visa

Burgan Bank continues to service customers throughout the New Year’s holiday
December 29th, 2022 - 06:19 GMT

Burgan Bank continues to service customers throughout the New Year’s holiday

Burgan Bank’s Board of Directors accepts not to renew for GCEO and accepts the resignation of the CEO- Kuwait
December 28th, 2022 - 03:09 GMT

Burgan Bank’s Board of Directors accepts not to renew for GCEO and accepts the resignation of the CEO- Kuwait

Sustainability Forum Middle East Announces GIB as “Esg Partner” for Its Inaugural Edition on Business Transition to Net-zero
December 28th, 2022 - 09:54 GMT

Sustainability Forum Middle East Announces GIB as “Esg Partner” for Its Inaugural Edition on Business Transition to Net-zero

Mastercard Economics Institute’s Economic Outlook for 2023: UAE consumers shop, dine out more frequently but spend less per visit
December 28th, 2022 - 07:32 GMT

Mastercard Economics Institute’s Economic Outlook for 2023: UAE consumers shop, dine out more frequently but spend less per visit

Al Salam Bank Launches the First-Of-Its-Kind Digital Self-Service Kiosk
December 28th, 2022 - 06:38 GMT

Al Salam Bank Launches the First-Of-Its-Kind Digital Self-Service Kiosk

KPMG: Saudi Insurance Industry Continues Growth, up 26.8% in Q3 2022
December 28th, 2022 - 06:30 GMT

KPMG: Saudi Insurance Industry Continues Growth, up 26.8% in Q3 2022

Burgan Bank Sponsors the Fourth Competition of the Kuwaiti Equestrian Federation Tour
December 28th, 2022 - 04:41 GMT

Burgan Bank Sponsors the Fourth Competition of the Kuwaiti Equestrian Federation Tour

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