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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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Economic Recovery Relies on Empowering Women Entrepreneurs, According to Mastercard Study
March 23rd, 2022 - 10:46 GMT

Economic Recovery Relies on Empowering Women Entrepreneurs, According to Mastercard Study

Burgan Bank Introduces the Cash Management Solution (CMS) Online Platform
March 23rd, 2022 - 10:32 GMT

Burgan Bank Introduces the Cash Management Solution (CMS) Online Platform

ADIB Participates in Its First Green Finance Deal in KSA With $61 Million Green Financing Provision
March 23rd, 2022 - 10:15 GMT

ADIB Participates in Its First Green Finance Deal in KSA With $61 Million Green Financing Provision

Emirates NBD and Etihad Guest Collaborate to Launch New Co-branded Credit Cards
March 23rd, 2022 - 07:19 GMT

Emirates NBD and Etihad Guest Collaborate to Launch New Co-branded Credit Cards

Bank ABC and Emirates NBD Capital Arrange a Debut SOFR Linked $400,000,000 Dual Tranche Syndicated Term Loan Facility for Bankdhofar
March 23rd, 2022 - 04:47 GMT

Bank ABC and Emirates NBD Capital Arrange a Debut SOFR Linked $400,000,000 Dual Tranche Syndicated Term Loan Facility for Bankdhofar

Burgan Bank Sponsors the First Football League for Young Women Under 18 in Cooperation With the Kuwait Football Association
March 22nd, 2022 - 12:21 GMT

Burgan Bank Sponsors the First Football League for Young Women Under 18 in Cooperation With the Kuwait Football Association

NBO Launches Car Financing With Special Rates Starting at 4.75% This Ramadan
March 22nd, 2022 - 11:30 GMT

NBO Launches Car Financing With Special Rates Starting at 4.75% This Ramadan

Lebanon: Central Bank Chief Charged with Illegal Enrichment, Money Laundering
March 22nd, 2022 - 07:29 GMT

Lebanon: Central Bank Chief Charged with Illegal Enrichment, Money Laundering

Mastercard’s ‘Her Voice’ Podcast Series Gives Voice To Inspiring Stories by Women Entrepreneurs in Saudi Arabia and the Region
March 21st, 2022 - 12:32 GMT

Mastercard’s ‘Her Voice’ Podcast Series Gives Voice To Inspiring Stories by Women Entrepreneurs in Saudi Arabia and the Region

ADIB General Assembly Elects New Board of Directors
March 21st, 2022 - 09:47 GMT

ADIB General Assembly Elects New Board of Directors

Egypt Raises Benchmark Interest Rates by 100 Basis Points
March 21st, 2022 - 07:23 GMT

Egypt Raises Benchmark Interest Rates by 100 Basis Points

FAB joins global Partnership for Carbon Accounting Financials as part of its ‘net-zero’ commitment
March 21st, 2022 - 05:46 GMT

FAB joins global Partnership for Carbon Accounting Financials as part of its ‘net-zero’ commitment

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