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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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KPMG Hosts an Environmental, Social, and Governance (Esg) Seminar for the Financial Services in Bahrain
May 30th, 2022 - 06:08 GMT

KPMG Hosts an Environmental, Social, and Governance (Esg) Seminar for the Financial Services in Bahrain

Al Salam Bank Launches Al Salam Invest
May 30th, 2022 - 04:46 GMT

Al Salam Bank Launches Al Salam Invest

NBO Introduces Network-Wide Customer Experience Training Programme (Dhiyafa)
May 30th, 2022 - 04:34 GMT

NBO Introduces Network-Wide Customer Experience Training Programme (Dhiyafa)

Mastercard and Hyperpay Sign a Strategic Partnership to Expand Digital Payment Rails across Middle East and North Africa
May 29th, 2022 - 08:03 GMT

Mastercard and Hyperpay Sign a Strategic Partnership to Expand Digital Payment Rails across Middle East and North Africa

Burgan Bank to Soon Announce the Kd350,000 Winner of Kanz Account Semi-annual Draw
May 29th, 2022 - 06:57 GMT

Burgan Bank to Soon Announce the Kd350,000 Winner of Kanz Account Semi-annual Draw

Boursa Kuwait Hosts Its Eighth Corporate Day to Highlight Kuwait’s Investment Prospects
May 29th, 2022 - 06:01 GMT

Boursa Kuwait Hosts Its Eighth Corporate Day to Highlight Kuwait’s Investment Prospects

Mastercard and Musafir Partner To Boost Seamless Travel Bookings Through Innovative Solutions
May 26th, 2022 - 08:41 GMT

Mastercard and Musafir Partner To Boost Seamless Travel Bookings Through Innovative Solutions

Waha Capital’s MENA Equity Fund wins EuroHedge 2021 Award for Best Emerging Markets Equity fund
May 26th, 2022 - 04:24 GMT

Waha Capital’s MENA Equity Fund wins EuroHedge 2021 Award for Best Emerging Markets Equity fund

Emirates Development Bank Participates in Middle East Rail 2022, Addresses Its Role in Financing UAE’s Key Infrastructure Projects
May 25th, 2022 - 03:28 GMT

Emirates Development Bank Participates in Middle East Rail 2022, Addresses Its Role in Financing UAE’s Key Infrastructure Projects

NBO Employees Bolster Trade Finance Skillset With ICC Academy Certification Programme
May 25th, 2022 - 02:49 GMT

NBO Employees Bolster Trade Finance Skillset With ICC Academy Certification Programme

KPMG Report: Saudi Women Driving Empowerment, Transformation in Family Businesses
May 25th, 2022 - 08:44 GMT

KPMG Report: Saudi Women Driving Empowerment, Transformation in Family Businesses

Mastercard and Hyperpay Sign a Strategic Partnership To Expand Digital Payment Rails Across Middle East and North Africa
May 25th, 2022 - 07:12 GMT

Mastercard and Hyperpay Sign a Strategic Partnership To Expand Digital Payment Rails Across Middle East and North Africa

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