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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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AIX and ADX Announce the Establishment of a Direct Link Between Their CSDs
September 5th, 2025 - 05:52 GMT

AIX and ADX Announce the Establishment of a Direct Link Between Their CSDs

Moody’s Ratings upgrades United Arab Bank’s deposit  ratings to Baa2
September 5th, 2025 - 05:36 GMT

Moody’s Ratings upgrades United Arab Bank’s deposit ratings to Baa2

Visa Pay Launches to Expand Access to Digital Payments across the Democratic Republic of the Congo (DRC)
September 5th, 2025 - 05:30 GMT

Visa Pay Launches to Expand Access to Digital Payments across the Democratic Republic of the Congo (DRC)

ThinkMarkets announces new partnership with Mashreq Bank
September 4th, 2025 - 01:24 GMT

ThinkMarkets announces new partnership with Mashreq Bank

Mastercard partners with Qlub to transform digital payments in the GCC hospitality sector
September 4th, 2025 - 06:01 GMT

Mastercard partners with Qlub to transform digital payments in the GCC hospitality sector

Warba Bank Hosts Launch Event for Wave Banking Youth Account at Khiran Mall
September 4th, 2025 - 05:39 GMT

Warba Bank Hosts Launch Event for Wave Banking Youth Account at Khiran Mall

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX) to Offer Seamless IPO Subscription Services for Customers
September 4th, 2025 - 05:17 GMT

United Arab Bank Partners with Abu Dhabi Securities Exchange (ADX) to Offer Seamless IPO Subscription Services for Customers

NBB Appoints Mohamed Abdulnabi Sanad as Head of Business Banking
September 3rd, 2025 - 09:07 GMT

NBB Appoints Mohamed Abdulnabi Sanad as Head of Business Banking

Warba Bank Launches Youth Account “Wave Banking”:  A Fully Integrated Digital Banking Experience for Young Customers Under the Slogan “Your Wave, Your Way”
September 1st, 2025 - 10:34 GMT

Warba Bank Launches Youth Account “Wave Banking”: A Fully Integrated Digital Banking Experience for Young Customers Under the Slogan “Your Wave, Your Way”

Bank ABC mobilises a record US$2.8 billion in sustainable finance as it increases support for emerging markets
September 1st, 2025 - 04:32 GMT

Bank ABC mobilises a record US$2.8 billion in sustainable finance as it increases support for emerging markets

KIB warns customers of new scam tactics on digital platforms
August 31st, 2025 - 06:41 GMT

KIB warns customers of new scam tactics on digital platforms

Banknotes with Magnifying Glass and Calculator. President Bashar al Assad portrrait is in focused in the magnifying glass
August 29th, 2025 - 11:26 GMT
Osama Ali

Damascus hotel reintroduces global card payments ahead of sanctions lift

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