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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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Mastercard Signs MoU With Saudi Esports Federation To Promote The Kingdom’s Billion-dollar Gaming Industry
June 22nd, 2022 - 03:59 GMT

Mastercard Signs MoU With Saudi Esports Federation To Promote The Kingdom’s Billion-dollar Gaming Industry

Burgan Bank Sponsors and Participates in Al Ahmadi Governorate’s Blood Donation Campaign
June 22nd, 2022 - 09:51 GMT

Burgan Bank Sponsors and Participates in Al Ahmadi Governorate’s Blood Donation Campaign

NBO Holds Second Session Of Tamayuz Talent Development Programme
June 22nd, 2022 - 09:04 GMT

NBO Holds Second Session Of Tamayuz Talent Development Programme

Spire And Mastercard Partner To Enhance And Simplify Digital Banking
June 22nd, 2022 - 08:43 GMT

Spire And Mastercard Partner To Enhance And Simplify Digital Banking

KPMG In Bahrain Continues Its’ Support For Charitable Organizations Across The Kingdom
June 22nd, 2022 - 04:32 GMT

KPMG In Bahrain Continues Its’ Support For Charitable Organizations Across The Kingdom

Abu Dhabi Islamic Bank Named ‘islamic Bank Of The Year 2022’ By The Banker Magazine From FT
June 20th, 2022 - 01:12 GMT

Abu Dhabi Islamic Bank Named ‘islamic Bank Of The Year 2022’ By The Banker Magazine From FT

Boursa Kuwait Lights Up In Blue In Recognition Of World Refugee Day 2022
June 20th, 2022 - 11:14 GMT

Boursa Kuwait Lights Up In Blue In Recognition Of World Refugee Day 2022

KPMG: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia
June 20th, 2022 - 10:45 GMT

KPMG: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia

Emirates Development Bank To Showcase Its Industrial Impact At The Make It In The Emirates Forum
June 19th, 2022 - 08:25 GMT

Emirates Development Bank To Showcase Its Industrial Impact At The Make It In The Emirates Forum

Cairo Amman Bank and Network International Jordan sign exclusive Cooperation Agreement to provide e-payment services for card issuing and management
June 19th, 2022 - 08:12 GMT

Cairo Amman Bank and Network International Jordan sign exclusive Cooperation Agreement to provide e-payment services for card issuing and management

Boursa Kuwait Highlights Investment Opportunities In The Kuwaiti Capital Market To Investors In Collaboration With Hsbc
June 19th, 2022 - 05:37 GMT

Boursa Kuwait Highlights Investment Opportunities In The Kuwaiti Capital Market To Investors In Collaboration With HSBC

Mastercard Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape
June 16th, 2022 - 07:54 GMT

Mastercard Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape

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