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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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Al Salam Bank Launches “Al Salam Bahrain Financial Learning Academy”
May 31st, 2022 - 06:54 GMT

Al Salam Bank Launches “Al Salam Bahrain Financial Learning Academy”

NBO’s Merchant App Is Helping Businesses Take Their Payments to the Next Level
May 31st, 2022 - 11:37 GMT

NBO’s Merchant App Is Helping Businesses Take Their Payments to the Next Level

New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses
May 31st, 2022 - 10:39 GMT

New Research Shows What’s Driving Resilience and Regeneration in Today’s Global Family Businesses

Burgan Bank Launches Burgan “Power of 22” Campaign
May 31st, 2022 - 06:50 GMT

Burgan Bank Launches Burgan “Power of 22” Campaign

United Arab Bank Appoints Shirish Bhide as new Chief Executive Officer
May 31st, 2022 - 06:20 GMT

United Arab Bank Appoints Shirish Bhide as new Chief Executive Officer

Technology Can Accelerate Financial Inclusion for Persons with Disabilities, Finds Mastercard Study
May 31st, 2022 - 05:43 GMT

Technology Can Accelerate Financial Inclusion for Persons with Disabilities, Finds Mastercard Study

Emirates Development Bank Highlights Growth-Focused Financing Solutions at MEA Finance Banking Technology Summit 2022
May 31st, 2022 - 05:07 GMT

Emirates Development Bank Highlights Growth-Focused Financing Solutions at MEA Finance Banking Technology Summit 2022

Kuwait Finance House – Bahrain Partners with Solar One for Solar Panel Consumer Financing
May 30th, 2022 - 06:10 GMT

Kuwait Finance House – Bahrain Partners with Solar One for Solar Panel Consumer Financing

Burgan Bank Strengthens Its Engagement with National Talents through Participation in the Auk Career Fair
May 30th, 2022 - 10:48 GMT

Burgan Bank Strengthens Its Engagement with National Talents through Participation in the Auk Career Fair

Boursa Kuwait Gives Tour to Students at the American University of Kuwait to Raise Capital Market Awareness
May 30th, 2022 - 10:45 GMT

Boursa Kuwait Gives Tour to Students at the American University of Kuwait to Raise Capital Market Awareness

Burgan Bank Continues to Spread Financial Awareness Amongst Youth
May 30th, 2022 - 07:10 GMT

Burgan Bank Continues to Spread Financial Awareness Amongst Youth

Emirates Development Bank to Support Integrated Industrial Partnership for Sustainable Economic Growth
May 30th, 2022 - 07:04 GMT

Emirates Development Bank to Support Integrated Industrial Partnership for Sustainable Economic Growth

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