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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base
July 13th, 2026 - 08:24 GMT

Sharjah Islamic Bank Reports Net Profit of AED 804 Million, Up 15.3%, for the first half of 2026 while Strengthening its Capital Base

Sharjah Islamic Bank (SIB) continued to deliver strong financial and operational performance during the first half of 2026, supported by balanced growth across its core business activities, successful revenue diversification, enhanced operating efficiency, and a strengthened capital base that supports the execution of its expansion strategy and reinforces its ability to sustain long-term growth. Net profit after tax reached AED 803.9 million for the first half of 2026, compared to AED 697.2 million during the corresponding period of 2025, representing a growth of 15.3%. This performance reflects the strength of ...
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underwater gold field
December 22nd, 2025 - 11:20 GMT
Sally Shakkour

Historic discovery in China: Huge underwater gold field

FAB and Mastercard transform UAE business payments with mobile-first virtual corporate cards
December 22nd, 2025 - 09:34 GMT

FAB and Mastercard transform UAE business payments with mobile-first virtual corporate cards

Boursa Kuwait signs Memorandum of Understanding with The International Stock Exchange to strengthen cooperation and enhance connectivity
December 22nd, 2025 - 09:31 GMT

Boursa Kuwait signs Memorandum of Understanding with The International Stock Exchange to strengthen cooperation and enhance connectivity

Boursa Kuwait Named “Brand of the Year in Finance and Investment” by the World Branding Awards for the Second Year in a Row
December 21st, 2025 - 11:03 GMT

Boursa Kuwait Named “Brand of the Year in Finance and Investment” by the World Branding Awards for the Second Year in a Row

KIB conducts an evacuation simulation drill at its headquarters in the Joint Banking Complex
December 21st, 2025 - 03:20 GMT

KIB conducts an evacuation simulation drill at its headquarters in the Joint Banking Complex

Moneyhash and Mastercard collaborate to expand access to Merchant focused solutions, enhancing payment performance
December 21st, 2025 - 03:13 GMT

Moneyhash and Mastercard collaborate to expand access to Merchant focused solutions, enhancing payment performance

 NBB Signs Strategic Agreement with Procural to Advance Digital Procurement Capabilities
December 21st, 2025 - 02:57 GMT

NBB Signs Strategic Agreement with Procural to Advance Digital Procurement Capabilities

Warba Bank Receives Mastercard’s “Highest Spend Per Card on Credit Card” Award
December 21st, 2025 - 02:47 GMT

Warba Bank Receives Mastercard’s “Highest Spend Per Card on Credit Card” Award

Mastercard Consumer Shopper Snapshot 2025 reveals growing shift towards intentional holiday shopping in UAE
December 20th, 2025 - 05:52 GMT

Mastercard Consumer Shopper Snapshot 2025 reveals growing shift towards intentional holiday shopping in UAE

Ajman Bank Launches Digital Extension to Expand Smart, Customer-Centric Banking Services
December 20th, 2025 - 05:26 GMT

Ajman Bank Launches Digital Extension to Expand Smart, Customer-Centric Banking Services

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app
December 18th, 2025 - 03:46 GMT

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app

Burgan Bank Launches Investor Relations Mobile App to Transform Investor Communication
December 17th, 2025 - 05:37 GMT

Burgan Bank Launches Investor Relations Mobile App to Transform Investor Communication

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