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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan
July 22nd, 2026 - 04:40 GMT

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan

Following the official launch of Jaywan by Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Sharjah Islamic Bank (SIB) has reaffirmed its support for the UAE's vision for a secure, resilient and sovereign financial future through its participation in the UAE’s domestic card scheme. Jaywan is the UAE’s domestic card scheme, developed to strengthen the country’s payment infrastructure and support secure and reliable transactions within the UAE. Jaywan reinforces the resilience of domestic payments while advancing the nation’s wider ambitions for financial innovation and ...
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BANK ABC Islamic
July 31st, 2017 - 05:57 GMT

Bank ABC Islamic Logs 41% Rise in Net Profit in in Half-Year to $15.1m

Private deposits in Oman are on the rise. (Photo courtesy of Bank Muscat)
July 30th, 2017 - 11:11 GMT

Commercial Banks in Oman See 2.5 Percent More Private Deposits

FAB Wealth Sentiment Index down 1.3% in July
July 30th, 2017 - 07:57 GMT

FAB Wealth Sentiment Index Down 1.3% in July

Arab Bank
July 30th, 2017 - 07:46 GMT

Arab Bank Group Reports First Half 2017 Net Income After Tax of USD 415.2 Million

FAB’s Global Asset Management manages assets in excess of AED7.05 billion, making it one of the largest of its kind in the UAE.
July 27th, 2017 - 09:48 GMT

FAB Announces Its Sukuk Income Fund Earnings

Abdulhamid Saeed, Group Chief Executive Officer of FAB
July 27th, 2017 - 05:45 GMT

FAB Reports First Half 2017 Group Net Profit of AED 5.49 Billion

ABC Islamic Bank’s total assets stood at US$1.443 billion as of June 30, 2017 compared to US$1.634 billion at 2016 year-end.
July 26th, 2017 - 12:10 GMT

Bank ABC Islamic Announces 41% Increase in Half-Year Profit to US$15.1 Million

Bank Nizwa’s Recurring Deposits operate as a savings plan contract between the bank and the customer in full compliance with the Islamic financial principles of Mudarabah.
July 26th, 2017 - 11:20 GMT

Bank Nizwa Launches Shari’a-Compliant Savings Plan

Surplus reserves at UAE banks surged to AED 42.8 billion ($11.6 billion) by the end of June, a growth of 77.6 percent from the first month of 2017, according to UAE Central Bank statistics. (Shutterstock)
July 26th, 2017 - 08:14 GMT

UAE Surplus Reserves Jump 77.6 Percent in June: Central Bank

Adeeb Ahamed, Managing Director, Lulu Exchange. (Trade Arabia)
July 26th, 2017 - 06:07 GMT

Lulu Exchange Acquires Al Falah

Amjad al Lawati
July 26th, 2017 - 05:37 GMT

Bank Muscat Launches Oman’s First Electronic Wallet

Local banks in Egypt are vying to win the super-rich with accounts serving their 'very specific' needs. (Shutterstock)
July 25th, 2017 - 03:29 GMT

Champagne and VIP Lounges: Banque Misr Launches Account for the Super-Rich

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