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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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CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25
August 1st, 2025 - 04:38 GMT

CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership
July 31st, 2025 - 11:20 GMT

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat
July 31st, 2025 - 07:24 GMT

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat

Burgan Bank Reports Stable Financial Performance for H1 2025
July 31st, 2025 - 06:25 GMT

Burgan Bank Reports Stable Financial Performance for H1 2025

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
July 30th, 2025 - 01:27 GMT

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem

Ajman Bank and MENSA Technologies Announce Strategic Alliance to Transform WPS Services in the UAE
July 30th, 2025 - 10:34 GMT

Ajman Bank and MENSA Technologies Announce Strategic Alliance to Transform WPS Services in the UAE

Gulf Capital Successfully Exits ART Fertility Clinics’ Middle East Operations Selling Its Stake to IVI-RMA Global, World Leader in Fertility and Assisted Reproduction
July 30th, 2025 - 08:35 GMT

Gulf Capital Successfully Exits ART Fertility Clinics’ Middle East Operations Selling Its Stake to IVI-RMA Global, World Leader in Fertility and Assisted Reproduction

eToro launches 24/5 trading on 100+ top US stocks for UAE investors
July 30th, 2025 - 06:26 GMT

eToro launches 24/5 trading on 100+ top US stocks for UAE investors

 EazyPay brings Mastercard Receivables Manager to Bahrain to streamline B2B virtual card payments
July 29th, 2025 - 01:10 GMT

EazyPay brings Mastercard Receivables Manager to Bahrain to streamline B2B virtual card payments

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index Series
July 29th, 2025 - 01:02 GMT

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index Series

Boursa Kuwait sees a 61.12% surge in its net profit for the first half of 2025
July 29th, 2025 - 12:04 GMT

Boursa Kuwait sees a 61.12% surge in its net profit for the first half of 2025

DIB Executes the First Islamic Finance Deal with Turkish Airlines
July 29th, 2025 - 07:19 GMT

DIB Executes the First Islamic Finance Deal with Turkish Airlines

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