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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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DIFC’s DEWS Savings Scheme Surpasses USD 1 Billion in Assets, Marking a Landmark Milestone
October 9th, 2025 - 06:06 GMT

DIFC’s DEWS Savings Scheme Surpasses USD 1 Billion in Assets, Marking a Landmark Milestone

A strategic breakthrough in financial influencer regulation reinforces the UAE as a global financial hub
October 9th, 2025 - 06:00 GMT

A strategic breakthrough in financial influencer regulation reinforces the UAE as a global financial hub

Alkhabeer Capital Announces the Signing of an Investment Agreement in the Shares of Saudi AI-Powered Robo-Advisory Firm Sindbad.Tech
October 9th, 2025 - 05:26 GMT

Alkhabeer Capital Announces the Signing of an Investment Agreement in the Shares of Saudi AI-Powered Robo-Advisory Firm Sindbad.Tech

NBB Group Chief Executive Officer Joins High-Level Panel Discussion on the Future of Digital Assets at Fintech Forward 2025
October 9th, 2025 - 04:55 GMT

NBB Group Chief Executive Officer Joins High-Level Panel Discussion on the Future of Digital Assets at Fintech Forward 2025

Burgan Bank Lights Up in Pink and Launches ‘Driven by You’ Breast Cancer Awareness Campaign
October 8th, 2025 - 04:40 GMT

Burgan Bank Lights Up in Pink and Launches ‘Driven by You’ Breast Cancer Awareness Campaign

Sharjah Islamic Bank recorded a net profit of AED 1.1 billion with 24% increase
October 8th, 2025 - 04:35 GMT

Sharjah Islamic Bank recorded a net profit of AED 1.1 billion with 24% increase

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses
October 6th, 2025 - 09:12 GMT

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses

Sahm Capital Partners with Financial Academy Forum 2025 as Bronze Sponsor to Advance Investor Education
October 6th, 2025 - 04:35 GMT

Sahm Capital Partners with Financial Academy Forum 2025 as Bronze Sponsor to Advance Investor Education

Burgan Bank, as Strategic Sponsor, Participates in CODED’s 2025 Academy X Graduation Ceremony
October 5th, 2025 - 11:30 GMT

Burgan Bank, as Strategic Sponsor, Participates in CODED’s 2025 Academy X Graduation Ceremony

 KIB concluded its participation in Auto World Show 2025 and revealed its instalments-at-cash-price deal
October 5th, 2025 - 09:46 GMT

KIB concluded its participation in Auto World Show 2025 and revealed its instalments-at-cash-price deal

KIB Group, represented by KIB Invest, takes on Joint Lead Manager role in landmark USD2.5 billion government-guaranteed Sukuk issuance by Saudi Real Estate Refinance Company
October 5th, 2025 - 04:27 GMT

KIB Group, represented by KIB Invest, takes on Joint Lead Manager role in landmark USD2.5 billion government-guaranteed Sukuk issuance by Saudi Real Estate Refinance Company

Warba Bank shares vision at IMF Annual Meetings in Washington
October 5th, 2025 - 04:10 GMT

Warba Bank shares vision at IMF Annual Meetings in Washington

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