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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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Al Bawaba
October 23rd, 2011 - 07:10 GMT

UAE hosts 91st GCC Financial and Economic Committee Meeting in Abu Dhabi

During the ceremony
October 23rd, 2011 - 06:53 GMT

Bank of Sharjah awarded annual STP award by Commerzbank for second year in row

Abdulelah AlKindy, General Manager of Retail Banking, Emirates NBD
October 23rd, 2011 - 06:08 GMT

Emirates NBD supports Dubai Police community initiative

Al Bawaba
October 20th, 2011 - 10:26 GMT

UAE hosts Gulf Financial and Economic Integration Forum

Abdullatif Al-Muzaini Assistant Vice President for Local & Arab Countries at Tharwa Investment
October 20th, 2011 - 09:39 GMT

Tharwa Islamic Fund the Best Performing Islamic Fund in Kuwait

Al Bawaba
October 20th, 2011 - 08:03 GMT

Standard Chartered donates more than AED 500,000 to fund projects of Al Noor Centre for children with special needs

Islamic banks are still considered more “rigid” than many of their conventional peers – and they should invest in strong branding and modern conveniences for customers to compete
October 19th, 2011 - 02:11 GMT

Islamic banks need 'shake up'

Al Bawaba
October 19th, 2011 - 12:25 GMT

UAE issues Federal Law No. 7 for establishing emirates development bank

Al Bawaba
October 19th, 2011 - 09:59 GMT

NBAD leads next generation branches

Ernst & Young
October 19th, 2011 - 09:55 GMT

Ernst & Young: Entrepreneurs call on G20 governments to recognize their vital role in job creation and innovation

Al Bawaba
October 19th, 2011 - 08:52 GMT

UAE hosts 91st GCC Financial and Economic Committee Meeting in Abu Dhabi

UAE, Qatar and Oman's markets are down as with a return to uncertainty with regards to euro debt crisis
October 19th, 2011 - 07:55 GMT

Gulf down as hopes fade for eurozone fix; Saudi markets upbeat

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