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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 KBA’s 80 Years of Banking Evening Reception in Washington, DC
October 17th, 2022 - 01:58 GMT

Burgan Bank Takes Part in KBA’s 80 Years of Banking Evening Reception in Washington, DC

US: Credit Suisse to Pay $495M to Settle 2008 Securities Case
October 17th, 2022 - 08:09 GMT

US: Credit Suisse to Pay $495M to Settle 2008 Securities Case

The United Arab Bank Participates in the 24th National Career Fair
October 17th, 2022 - 07:28 GMT

The United Arab Bank Participates in the 24th National Career Fair

NBO Hosts First Tatmeen Forum To Raise Awareness About Caring for Orphans
October 17th, 2022 - 07:21 GMT

NBO Hosts First Tatmeen Forum To Raise Awareness About Caring for Orphans

Al Salam Bank Launches its Salary Transfer Campaign
October 17th, 2022 - 07:01 GMT

Al Salam Bank Launches its Salary Transfer Campaign

Visa Program Unlocks New Opportunities in the Creator Economy
October 16th, 2022 - 08:56 GMT

Visa Program Unlocks New Opportunities in the Creator Economy

UAE: Lulu Group Set for IPO in 2023
October 16th, 2022 - 07:58 GMT

UAE: Lulu Group Set for IPO in 2023

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior
October 16th, 2022 - 06:58 GMT

DIB to implement a complete digital KYC journey for New to Bank Customers in collaboration with the UAE Ministry of Interior

KPMG Hosts Middle East, South Asia and Caspian Family Business Summit in Riyadh
October 16th, 2022 - 06:53 GMT

KPMG Hosts Middle East, South Asia and Caspian Family Business Summit in Riyadh

Burgan Bank Launches the Academic Scholarship Program
October 16th, 2022 - 06:30 GMT

Burgan Bank Launches the Academic Scholarship Program

Sustainalytics upgrades ADCB’s ESG risk score,  making it the highest-ranked diversified bank in the GCC
October 13th, 2022 - 12:09 GMT

Sustainalytics upgrades ADCB’s ESG risk score, making it the highest-ranked diversified bank in the GCC

Mastercard Fintech Express Welcomes Jordan Kuwait Bank as Global Partner
October 13th, 2022 - 08:56 GMT

Mastercard Fintech Express Welcomes Jordan Kuwait Bank as Global Partner

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