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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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Al Bawaba
September 10th, 2014 - 10:54 GMT

Gulf Bank hails the success of the 6th Euromoney Conference in Kuwait

Al Bawaba
September 10th, 2014 - 07:34 GMT

MasterCard works with Apple to integrate Apple Pay

Al Bawaba
September 10th, 2014 - 05:43 GMT

UAE Exchange scores half-a-million Facebook fans - the first remittance company to cross the milestone

The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
September 10th, 2014 - 03:55 GMT

Kuwait scarps 'offset program' to woe foreign investors

In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
September 9th, 2014 - 04:50 GMT

Celebrating a new beginning: Kuwait's Global Investment House to be relisted as debt-free

Al Bawaba
September 9th, 2014 - 09:29 GMT

14 talented UAE national graduates join FGB’s fast-track management programme, ‘Nujoom’

Abu Dhabi Islamic Bank
September 9th, 2014 - 08:49 GMT

ADIB recognised for best treasury services in the Middle East

In June 2014, the balance sheets of Bank Audi showed that 45 percent of the assets were abroad while the rest were in Lebanon and 43 percent of the total deposits were from abroad while the rest were in Lebanon.
September 9th, 2014 - 03:55 GMT

Against all odds: Bank Audi to expand in Egypt, Syria

Al Bawaba
September 8th, 2014 - 09:07 GMT

Standard Chartered Private Equity announces US$ 35 million equity investment in Al Jazeera Agricultural Company - Jordan

Al Bawaba
September 8th, 2014 - 06:28 GMT

Acquisition of Diversified US Residential Portfolio

Burgan Bank
September 8th, 2014 - 06:21 GMT

Burgan Bank announces names of the daily lucky winners of Yawmi account

The program was initiated by Mashreq Learning Systems, the Learning and Development arm of Mashreq, which designs and implement various learning courses and development initiatives.
September 8th, 2014 - 03:55 GMT

Mashreq employees graduate in General Management Certificate program of XLRi

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