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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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Al Bawaba
September 25th, 2013 - 10:24 GMT

MasterCard and Dubai Business Women Council announce collaboration to further women entrepreneurship in the UAE

 The debt comprises $10 billion from the UAE Central Bank, which is due to mature in February 2014 and $5 billion each from two state-owned banks in Abu Dhabi — National Bank of Abu Dhabi and Al Hilal Bank — maturing in November 2014.
September 25th, 2013 - 09:44 GMT

Dubai can take care of itself and won't be seeking more 'favors' from Abu Dhabi

Al Bawaba
September 25th, 2013 - 09:07 GMT

Stanford Asia Holding Company receives USD 300 million Senior Secured Financing Facility

The UAE is among those economies most rapidly moving away from being predominantly cash-based society.
September 24th, 2013 - 01:05 GMT

UAE not interested in cash

Al Bawaba
September 24th, 2013 - 09:18 GMT

Mashreq hosts Indian Banks Association to strengthen relations

Al Bawaba
September 23rd, 2013 - 10:14 GMT

NBAD named Best Cash Management Services in Middle East

Al Bawaba
September 23rd, 2013 - 07:05 GMT

Jordan Ahli Bank’s SME Academy conducts European Business Competence * License training

The level of financial exclusion in MENA is particularly worrying given demographic and economic participation trends.
September 22nd, 2013 - 11:07 GMT

Is the MENA scene ripe for microfinance?

During the event
September 22nd, 2013 - 10:55 GMT

Al Ansari Exchange concludes Summer Promo 2013 with awarding AED 2 million cash & 10 cars

EIB Prepaid Card
September 22nd, 2013 - 09:03 GMT

Emirates Islamic Bank launches prepaid card

The data also indicate that the brouhaha made over capital outflows after the Gezi Park protests had little relation with reality, says the author.
September 22nd, 2013 - 07:35 GMT

Why,despite all, you should still be investing in Turkey

Al Bawaba
September 22nd, 2013 - 06:46 GMT

Mashreq launches ‘Supplementary Debit Cards’ without the need of a Joint Account

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