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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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Warba Bank launches first digital “Easy Finance” in Kuwait for domestic workers
October 3rd, 2025 - 05:50 GMT

Warba Bank launches first digital “Easy Finance” in Kuwait for domestic workers

Western Union Appoints Nicolas Levi to Lead Middle East Operations
October 3rd, 2025 - 05:49 GMT

Western Union Appoints Nicolas Levi to Lead Middle East Operations

ADX roadshow in New York with Morgan Stanley draws strong global interest in Abu Dhabi securities
October 3rd, 2025 - 05:15 GMT

ADX roadshow in New York with Morgan Stanley draws strong global interest in Abu Dhabi securities

Amazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers
October 2nd, 2025 - 05:18 GMT

Amazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers

KIB concluded its Platinum Sponsorship of the second GCC Housing Conference and “Baiti” Exhibition
October 2nd, 2025 - 04:53 GMT

KIB concluded its Platinum Sponsorship of the second GCC Housing Conference and “Baiti” Exhibition

Sahm App Introduces Sahm Invest Community, the First-of-its-Kind Online Community for Arab Investors
October 1st, 2025 - 04:50 GMT

Sahm App Introduces Sahm Invest Community, the First-of-its-Kind Online Community for Arab Investors

Sahm Capital Launches Web Version to Expand Seamless Market Access
October 1st, 2025 - 04:48 GMT

Sahm Capital Launches Web Version to Expand Seamless Market Access

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses
October 1st, 2025 - 04:27 GMT

Visa Direct Taps Stablecoins to Unlock Faster Funding for Businesses

Boursa Kuwait launches the second edition of the “Bell” initiative for financial literacy in commemoration of World Investor Week
October 1st, 2025 - 03:58 GMT

Boursa Kuwait launches the second edition of the “Bell” initiative for financial literacy in commemoration of World Investor Week

NBB Signs Framework Agreement with Banco BPM to Strengthen Bilateral Trade and Investment between the Kingdom of Bahrain and Italy
October 1st, 2025 - 03:55 GMT

NBB Signs Framework Agreement with Banco BPM to Strengthen Bilateral Trade and Investment between the Kingdom of Bahrain and Italy

NBB Group Launches ‘Expert Talks’ Fostering a Culture of Knowledge Sharing & Recognition of Talent
September 30th, 2025 - 06:29 GMT

NBB Group Launches ‘Expert Talks’ Fostering a Culture of Knowledge Sharing & Recognition of Talent

Visa Announces General Availability of VCS Hub; Ushers in a New Era of AI-Powered Commercial Payments Innovation
September 30th, 2025 - 06:00 GMT

Visa Announces General Availability of VCS Hub; Ushers in a New Era of AI-Powered Commercial Payments Innovation

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