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Esyasoft makes unsolicited takeover proposal for Good Energy
PLUS: Bawan Signs SPA to acquire Petronash
Kuwait Finance House offloads AED 1.3 bn stake in Sharjah Islamic Bank
Kuwait’s largest lender will sell its 18.2% stake at AED 2.2 apiece
The UAE’s top 10 lenders’ net income rose to AED 21.5 bn in 2Q 2024
Total non-interest income fell 2.9% q-o-q
Sharjah Islamic Bank sells USD 500 mn sukuk
Sharjah Islamic Bank (SIB) took a five-year USD 500 mn sukuk issuance to market, Wam reports. The issuance was priced…
Sharjah Islamic Bank to sell new USD-denominated senior sukuk
The sukuk will be issued under the bank’s trust certificate issuance program
The UAE’s largest 10 banks raked in AED 20.8 bn worth of net income during 1Q
The top 10 banks saw their net income surge 9.3% q-o-q
Sharjah Islamic Bank's 1Q 2024 net income rises 11.4% y-oy
The lender’s net income stood at 259.7 mn during the quarter, up 11.4% y-o-y
Emirati banks had a good 2023
The top 10 banks saw their net income surge 54.1% y-o-y
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