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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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Emirates NBD expands footprint in India as a part of Group’s international growth strategy
November 8th, 2022 - 05:48 GMT

Emirates NBD expands footprint in India as a part of Group’s international growth strategy

NBO muzn islamic banking migrates card services to Visa
November 8th, 2022 - 05:35 GMT

NBO muzn islamic banking migrates card services to Visa

Burgan Bank Concludes its First Padel Tournament Following Diverse Participation
November 7th, 2022 - 06:53 GMT

Burgan Bank Concludes its First Padel Tournament Following Diverse Participation

NBB Hosts Session for NBB Chairman and Lamea Participants
November 7th, 2022 - 08:58 GMT

NBB Hosts Session for NBB Chairman and Lamea Participants

Deal makers can still create more value in the age of complex M&A
November 6th, 2022 - 08:30 GMT

Deal makers can still create more value in the age of complex M&A

Al Salam Bank Rolls Out its Innovative Service “Saving Goals”
November 6th, 2022 - 07:07 GMT

Al Salam Bank Rolls Out its Innovative Service “Saving Goals”

NBO participates in Oman center for governance and sustainability’s annual members gathering
November 6th, 2022 - 06:39 GMT

NBO participates in Oman center for governance and sustainability’s annual members gathering

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
November 6th, 2022 - 06:31 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

UAB Celebrates UAE National Flag Day
November 3rd, 2022 - 04:52 GMT

UAB Celebrates UAE National Flag Day

Kuwait finance house – Bahrain promotes its financing solutions within the new housing programs
November 3rd, 2022 - 03:17 GMT

Kuwait finance house – Bahrain promotes its financing solutions within the new housing programs

NBO hosts security workshop to combat financial crime and protect customers
November 2nd, 2022 - 11:54 GMT

NBO hosts security workshop to combat financial crime and protect customers

Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns
November 2nd, 2022 - 08:09 GMT

Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns

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