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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase
January 23rd, 2026 - 10:19 GMT

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase

Sharjah Islamic Bank delivered a strong financial and operational performance during 2025, supported by balanced growth across its core activities. Net profit after tax reached AED 1.32 billion, representing an increase of 26% compared to AED 1.05 billion recorded in 2024. Income from Islamic financing investments and sukuk increased by AED 175.0 million, representing a growth rate of 4.7%, reaching approximately AED 3.9 billion in 2025, compared to AED 3.7 billion in the previous year. Meanwhile, distributions to depositors and sukuk holders amounted to AED 2.3 billion, compared to AED ...
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Many visually impaired people believe banks could partially ease their situation if they provided ATMs with electronic sounds.
September 30th, 2013 - 09:03 GMT

The blind's plight with Lebanese banks

Al Bawaba
September 30th, 2013 - 08:46 GMT

NBAD Cautious Income Fund delivers 6.80% dividend

Al Bawaba
September 30th, 2013 - 08:28 GMT

Mashreq sponsors fourth Annual Middle East SME Forum

The Global Islamic Economy Summit will initiate a critical dialogue on the development of the integrated sectors covering Islamic financial services, Halal manufacturing and related lifestyle sectors (Photo credit: Shutter Stock).
September 30th, 2013 - 07:57 GMT

Thomsan Reuters, Dubai Chamber hold hands towards an Islamic future

Al Bawaba
September 30th, 2013 - 04:41 GMT

NCB Capital: valuations are key attraction of KSA telecom sector

“It (debt) will not restrain business in the region as debts are a part of a business, but it will definitely affect the confidence of the firms,” said Belindo.
September 29th, 2013 - 02:29 GMT

Can dubai's debt be eating away its successes?

Al Marzouqi with Al Marri at the signing ceremony
September 29th, 2013 - 11:50 GMT

Emirates NBD renews partnership with MRHE to provide home financing for UAE nationals

Emirates Islamic Bank hosts children’s day out
September 29th, 2013 - 11:17 GMT

Emirates Islamic Bank hostschildren’s day out

“Remittances are key for expats in the UAE. A lot of them come here to support families back home,” said one commercial banker.
September 29th, 2013 - 04:30 GMT

UAE considering being stingy on worker remittances

David Marshall, Senior Executive Officer, Emirates NBD Asset Management
September 26th, 2013 - 11:08 GMT

Emirates NBD Asset Management named ‘Best Asset Management Company’ for third consecutive year

"We have pretty much the same strategy for the next financial year as this year. It's going to be a diversified structure," Brian Jeffery, senior vice president for corporate treasury at Emirates said in an interview.
September 26th, 2013 - 09:20 GMT

How Emirates Airlines plans to finance its $4.5 billion new aircrafts bill

Al Bawaba
September 25th, 2013 - 12:01 GMT

NBAD wins Sheikh Khalifa Excellence Award

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