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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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Sustainalytics upgrades ADCB’s ESG risk score, making it the highest-ranked diversified bank in the GCC
October 12th, 2022 - 02:23 GMT

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

Dubai-Based Bank First to Recruit via Metaverse
October 12th, 2022 - 11:11 GMT

Dubai-Based Bank First to Recruit via Metaverse

Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion
October 12th, 2022 - 07:58 GMT

Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion

Sadeq Mahdi Barak Wins KD 4000 in Burgan Bank’s Final Value Account Draw
October 12th, 2022 - 07:18 GMT

Sadeq Mahdi Barak Wins KD 4000 in Burgan Bank’s Final Value Account Draw

Burgan Bank Launches its First Ever Padel Tournament
October 12th, 2022 - 06:55 GMT

Burgan Bank Launches its First Ever Padel Tournament

NBO Empowers Employees With Workplace Safety and Lifesaving Techniques
October 11th, 2022 - 10:15 GMT

NBO Empowers Employees With Workplace Safety and Lifesaving Techniques

ADIB launches ‘Small Business Finance’ to support SMEs
October 11th, 2022 - 10:10 GMT

ADIB launches ‘Small Business Finance’ to support SMEs

ADIO and Siemens Energy partner to accelerate the UAE’s net zero ambitions with new Abu Dhabi Innovation Centre
October 11th, 2022 - 09:54 GMT

ADIO and Siemens Energy partner to accelerate the UAE’s net zero ambitions with new Abu Dhabi Innovation Centre

Dubai Islamic Bank introduces Charter dedicated to Customers - #AllAboutYou
October 11th, 2022 - 08:35 GMT

Dubai Islamic Bank introduces Charter dedicated to Customers - #AllAboutYou

KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh
October 11th, 2022 - 05:50 GMT

KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh

Al Hilal Bank’s digital innovation transforms the UAE consumer banking landscape
October 10th, 2022 - 07:25 GMT

Al Hilal Bank’s digital innovation transforms the UAE consumer banking landscape

Kuwait Finance House – Bahrain Announces the Winner of the Libshara Grand Prize for the Month of August 2022
October 10th, 2022 - 06:31 GMT

Kuwait Finance House – Bahrain Announces the Winner of the Libshara Grand Prize for the Month of August 2022

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