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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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ADIB expands Interactive Teller Machines (ITM) network in Abu Dhabi and Al Ain
September 28th, 2022 - 09:20 GMT

ADIB expands Interactive Teller Machines (ITM) network in Abu Dhabi and Al Ain

Boursa Kuwait Organizes Seminar To Discuss the Role of Market Makers
September 28th, 2022 - 06:18 GMT

Boursa Kuwait organizes seminar to discuss the role of market makers

Burgan Bank Sponsors Omar Khairat’s Concert at The Arena Kuwait
September 27th, 2022 - 04:03 GMT

Burgan Bank Sponsors Omar Khairat’s Concert at The Arena Kuwait

UAE: Gold Prices Fall Further After Hitting Its Lowest Since 2020
September 27th, 2022 - 07:12 GMT

UAE: Gold Prices Fall Further After Hitting Its Lowest Since 2020

Scale7, a QDB Incubator, successfully hosts Abaya Bootcamp 2022
September 27th, 2022 - 07:10 GMT

Scale7, a QDB Incubator, successfully hosts Abaya Bootcamp 2022

Going Green with EVolve – DIB’s Sustainable Auto Finance
September 27th, 2022 - 07:07 GMT

Going Green with EVolve – DIB’s Sustainable Auto Finance

Mastercard expands decades-long football legacy through GUINNESS WORLD RECORDS™ title with Luis Figo
September 27th, 2022 - 07:01 GMT

Mastercard expands decades-long football legacy through GUINNESS WORLD RECORDS™ title with Luis Figo

NBO Launches New Children’s Account
September 26th, 2022 - 10:39 GMT

NBO Launches New Children’s Account

ADIB boosts Emiratisation drive at Ru’ya, Careers UAE Redefined
September 23rd, 2022 - 07:16 GMT

ADIB boosts Emiratisation drive at Ru’ya, Careers UAE Redefined

Mastercard Partners With Noqodi To Expand Digital Payment Acceptance Across UAE
September 23rd, 2022 - 06:00 GMT

Mastercard Partners With Noqodi To Expand Digital Payment Acceptance Across UAE

All Eyes on the Prize as KPMG’s Hunt for Kuwait’s Best Tech Innovator Draws Closer
September 23rd, 2022 - 05:25 GMT

All Eyes on the Prize as KPMG’s Hunt for Kuwait’s Best Tech Innovator Draws Closer

Alla Taliji: DBInvesting will become the Key Player for Forex and Crypto investments in the Middle East
September 22nd, 2022 - 04:59 GMT

Alla Taliji: DBInvesting will become the Key Player for Forex and Crypto investments in the Middle East

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