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Banking and Finance

Banking and Finance latest

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million
November 13th, 2025 - 03:02 GMT

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million

Bank ABC Islamic - today announces its results for the first nine months ending 2025: The Bank closed the third quarter with net profit of US$ 39.4 million compared to US$ 37.8 million for the same period last year, despite $6.9 million taxation charges implemented in 2025. Total operating income after profit on Murabaha and other payables and before attribution to quasi-equity for the nine-month period ending 30 September 2025 stood at US$ 138.0 million, compared to US$131.3 million last year. The balance sheet remained healthy, maintaining strong capital ratio ...
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KPMG Publication: Companies Are Enduring Challenges in Meeting Their Debt Obligations During the Current Turbulent Times
July 13th, 2020 - 06:04 GMT

KPMG Publication: Companies Are Enduring Challenges in Meeting Their Debt Obligations During the Current Turbulent Times

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
July 12th, 2020 - 11:16 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Abu Dhabi Fund Suspends Debt Repayment for Beneficiary Countries and Companies
July 12th, 2020 - 08:32 GMT

Abu Dhabi Fund Suspends Debt Repayment for Beneficiary Countries and Companies

MasterCard’s Online Remittance Solutions Supporting Remitters, in Response to COVID-19
July 12th, 2020 - 08:13 GMT

MasterCard’s Online Remittance Solutions Supporting Remitters, in Response to COVID-19

American Express, Discover, Mastercard and Visa to Power Global Expansion  of Simple, Consistent Digital Checkout Experience
July 9th, 2020 - 05:55 GMT

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

Al Salam Bank-Bahrain Announces its Virtual Internship Programme
July 9th, 2020 - 05:21 GMT

Al Salam Bank-Bahrain Announces its Virtual Internship Programme

Click to Pay with Visa Launches in Middle East to Transform the Online Checkout Experience for Merchants and Consumers
July 9th, 2020 - 05:17 GMT

Click to Pay with Visa Launches in Middle East to Transform the Online Checkout Experience for Merchants and Consumers

Deutsche Bank to Sign Multi-Year Contract with Google
July 8th, 2020 - 11:30 GMT

Deutsche Bank to Sign Multi-Year Contract with Google

FAB Partners With Mohre to Deliver a Unified Payment Solution for UAE Domestic Workers Fully Integrated With Payit
July 8th, 2020 - 09:58 GMT

FAB Partners With Mohre to Deliver a Unified Payment Solution for UAE Domestic Workers Fully Integrated With Payit

Islamic Development Bank Group to Respond to COVID-19 With USD 2.3 Billion Package and to Launch Three Supportive and Robust Initiatives in Partnership With UAE Ministry of Economy and Annual Investment Meeting (Aim)
July 8th, 2020 - 09:16 GMT

Islamic Development Bank Group to Respond to COVID-19 With USD 2.3 Billion Package and to Launch Three Supportive and Robust Initiatives in Partnership With UAE Ministry of Economy and Annual Investment Meeting

Stc Pay Enters Into a Strategic Partnership With Visa to Launch Customer-Centric Digital Payment Solutions
July 7th, 2020 - 12:20 GMT

Stc Pay Enters Into a Strategic Partnership With Visa to Launch Customer-Centric Digital Payment Solutions

GCC: Banks’ Profits to Plummet in 2020 Due to COVID-19, Low Oil Prices
July 7th, 2020 - 10:30 GMT

GCC: Banks’ Profits to Plummet in 2020 Due to COVID-19, Low Oil Prices

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