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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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Burgan Bank's support of this initiative falls under its dynamic full-fledged community program entitled ‘ENGAGE’   – Together to be the change.
March 1st, 2018 - 12:55 GMT

Burgan Bank Sponsors Kuwait’s National Day Celebrations at Kuwait University

Tareq Al-Qallaf, Kuwait’s wheelchair fencing champion
March 1st, 2018 - 08:10 GMT

Burgan Bank Wishes Tareq Al-Qallaf Success in Arnold Schwarzenegger Fencing Classic 2018

The session began by discussing China’s One Belt and One Road initiative.
March 1st, 2018 - 06:34 GMT

Global Financial Markets Forum Discusses Opportunities From China’s Belt and Road Initiative

The integration marks the first Masterpass enablement with a telecommunications company in Bahrain. (Shutterstock)
February 28th, 2018 - 12:44 GMT

Mastercard Enables Masterpass for Arab Financial Services and Batelco's 'Bwallet'

The panelists concluded with discussion around India progress in building a new business model that attracts local and foreign investment.
February 28th, 2018 - 11:30 GMT

First Abu Dhabi :Opportunities in India Explored at Global Financial Markets Forum

The exhibition was held to showcase Kuwait’s growing efforts to facilitate the overall requirements and comfort of the special needs segment.
February 28th, 2018 - 10:26 GMT

Burgan Bank Participates in Kuwaiti Project for Special Needs Exhibition

During the session, Ahmed Al Sayegh explored the importance of regulation, innovation and a global outlook in order to create the next generation of great UAE companies.
February 27th, 2018 - 11:44 GMT

First Abu Dhabi Bank Hosts ADGM Chairman at Ninth Global Financial Markets Forum

Aziz Al Ghurair, Chairman of the UAE Banks Federation (UBF)
February 27th, 2018 - 09:47 GMT

UBF Hails Banking Sector’s Contribution to Society, Urges Banks to Adopt More CSR Initiatives in 2018

Bank ABC Islamic today announced that its net profit for the year 2017 was 12 percent higher than a year before.
February 27th, 2018 - 07:29 GMT

Bank ABC Islamic Announces $25.6 Million Net Profit for 2017, up 12 Percent

Abdulhamid Saeed, Group Chief Executive Officer of FAB
February 26th, 2018 - 10:25 GMT

First Abu Dhabi Bank Hosts the Global Financial Markets Forum in Abu Dhabi

Jassim Alseddiqi, GFH’s Chairman
February 26th, 2018 - 06:49 GMT

GFH Appoints Jassim Alseddiqi as Chairman of the Board

During the meeting, the distribution of 70% cash dividends (AED 0.70 per share) for registered, entitled shareholders for the financial year ended 31 December 2017 were approved.
February 26th, 2018 - 06:15 GMT

First Abu Dhabi Bank Approves 70 Percent Cash Dividend for 2017 at General Assembly Meeting

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