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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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Standard Chartered Officially Launches $40m New Head Office Building in Zambia
April 11th, 2022 - 09:34 GMT

Standard Chartered Officially Launches $40 Million New Head Office Building in Zambia

EFG Hermes Hires Saud Altassan as CEO in Saudi Arabia
April 11th, 2022 - 07:51 GMT

EFG Hermes Hires Saud Altassan as CEO in Saudi Arabia

Al Salam Bank Launches a New Line of Corporate Cards
April 11th, 2022 - 06:30 GMT

Al Salam Bank Launches a New Line of Corporate Cards

Burgan Bank Announces the Name of the First Quarterly Draw Winner of Kanz Account
April 11th, 2022 - 06:00 GMT

Burgan Bank Announces the Name of the First Quarterly Draw Winner of Kanz Account

NBO Customers Can Enjoy Lowest Rates When Using Prepaid Badeel Travel Card
April 11th, 2022 - 05:50 GMT

NBO Customers Can Enjoy Lowest Rates When Using Prepaid Badeel Travel Card

Kuwait Finance House-Bahrain Announces the Launch of its Ramadan Auto Financing Campaign
April 11th, 2022 - 05:36 GMT

Kuwait Finance House-Bahrain Announces the Launch of its Ramadan Auto Financing Campaign

GIB Wins Three Honours From the Global Banking &  Finance Review
April 10th, 2022 - 07:59 GMT

GIB Wins Three Honours From the Global Banking & Finance Review

BisB Promotes 64 Employees in the Past Year
April 10th, 2022 - 06:42 GMT

BisB Promotes 64 Employees in the Past Year

Burgan Bank Announces the Names of the First Monthly Draw Winners of Kanz Account
April 10th, 2022 - 05:48 GMT

Burgan Bank Announces the Names of the First Monthly Draw Winners of Kanz Account

ADIB Postpones Installments for Finance Customers During Ramadan 2022 and Launches Many Social Initiatives
April 7th, 2022 - 10:49 GMT

ADIB Postpones Installments for Finance Customers During Ramadan 2022 and Launches Many Social Initiatives

DIFC Launches First Global Venture Studio Launchpad to Grow the “Ubiquitous Finance” Ecosystem from Dubai
April 7th, 2022 - 09:58 GMT

DIFC Launches First Global Venture Studio Launchpad to Grow the “Ubiquitous Finance” Ecosystem from Dubai

Mastercard and Expo 2020 Dubai: Leaving an Enduring Legacy
April 6th, 2022 - 07:43 GMT

Mastercard and Expo 2020 Dubai: Leaving an Enduring Legacy

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