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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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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

State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model
January 23rd, 2026 - 09:56 GMT

State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion
January 22nd, 2026 - 06:26 GMT

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA
January 22nd, 2026 - 05:09 GMT

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA

  QNB Group Becomes First and Only Bank in MEA in 2026 to Surpass US$10 billion in Brand Value
January 22nd, 2026 - 05:03 GMT

QNB Group Becomes First and Only Bank in MEA in 2026 to Surpass US$10 billion in Brand Value

DIB Launches New Campaign Offering Customers the Opportunity to Win up to 10Kg Gold
January 22nd, 2026 - 05:00 GMT

DIB Launches New Campaign Offering Customers the Opportunity to Win up to 10Kg Gold

Burgan Bank Deepens Investment in Local Talent in 2025: 200 New Hires, 94.29% Kuwaitization Rate
January 22nd, 2026 - 04:49 GMT

Burgan Bank Deepens Investment in Local Talent in 2025: 200 New Hires, 94.29% Kuwaitization Rate

NBB Rewards 4 Winners with USD 2 Million and Two Luxury Villas
January 22nd, 2026 - 04:46 GMT

NBB Rewards 4 Winners with USD 2 Million and Two Luxury Villas

SICO Capital Appoints Hashem Alsada as Head Equities Asset Management
January 21st, 2026 - 07:32 GMT

SICO Capital Appoints Hashem Alsada as Head Equities Asset Management

NBB Recognises Excellence and Dedication at First Townhall of 2026
January 21st, 2026 - 04:54 GMT

NBB Recognises Excellence and Dedication at First Townhall of 2026

ADIB Hosts Challenge for Cybersecurity Startups to Drive the Digital Resilience
January 21st, 2026 - 04:48 GMT

ADIB Hosts Challenge for Cybersecurity Startups to Drive the Digital Resilience

Citi named Emerging EMEA Bond House
January 21st, 2026 - 04:43 GMT

Citi named Emerging EMEA Bond House

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