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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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Burgan Bank Becomes the First Bank in Kuwait to Roll Out “Click to Pay” Feature for Visa Cardholders
September 10th, 2025 - 11:07 GMT

Burgan Bank Becomes the First Bank in Kuwait to Roll Out “Click to Pay” Feature for Visa Cardholders

NBB Participates in the Global Water, Energy, and Climate Change Congress (GWECCC) 2025
September 10th, 2025 - 11:03 GMT

NBB Participates in the Global Water, Energy, and Climate Change Congress (GWECCC) 2025

UAE Moving to Digital Channels for Remittances, Visa Report Finds
September 10th, 2025 - 09:29 GMT

UAE Moving to Digital Channels for Remittances, Visa Report Finds

Etihad Water and Electricity and Ajman Bank Sign Strategic Agreement to Support National Development Goals
September 10th, 2025 - 08:20 GMT

Etihad Water and Electricity and Ajman Bank Sign Strategic Agreement to Support National Development Goals

SICO Capital Appoints Maan AlDerazi as Head of Real Estate Investments
September 9th, 2025 - 06:11 GMT

SICO Capital Appoints Maan AlDerazi as Head of Real Estate Investments

GCC Financial Markets Committee publishes unified Investor Relations Guide for 2025
September 8th, 2025 - 10:45 GMT

GCC Financial Markets Committee publishes unified Investor Relations Guide for 2025

Al Salam Bank Signs Strategic Deal with Denodo and NAIB IT to Advance Data Management and AI Initiatives
September 8th, 2025 - 09:40 GMT

Al Salam Bank Signs Strategic Deal with Denodo and NAIB IT to Advance Data Management and AI Initiatives

Kuwait banks’ half-yearly results reflect resilience and growth despite global uncertainty
September 8th, 2025 - 07:30 GMT

Kuwait banks’ half-yearly results reflect resilience and growth despite global uncertainty

NBB Participates in CPISP Candidacy Program 2025
September 7th, 2025 - 11:42 GMT

NBB Participates in CPISP Candidacy Program 2025

Warba Bank Celebrates Resounding Success of Youth Account Launch at Khiran Mall
September 7th, 2025 - 11:27 GMT

Warba Bank Celebrates Resounding Success of Youth Account Launch at Khiran Mall

Markaz participated as Gold Sponsor at the 2nd GCC Real Estate Housing Conference alongside ‘Baiti’ exhibition
September 7th, 2025 - 10:47 GMT

Markaz participated as Gold Sponsor at the 2nd GCC Real Estate Housing Conference alongside ‘Baiti’ exhibition

Ajman Bank and Franklin Templeton Forge Strategic Partnership to Offer Global Investment Solutions in the UAE
September 5th, 2025 - 06:08 GMT

Ajman Bank and Franklin Templeton Forge Strategic Partnership to Offer Global Investment Solutions in the UAE

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