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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 10th, 2013 - 05:36 GMT

NCB Capital launches new technical analysis service for brokerage clients

US Secretary of State John Kerry said that there is “only a political solution to Syria’s war, not a military one”.
September 9th, 2013 - 01:16 GMT

Jittery GCC markets soothed by Kerry's words

United Arab Bank CEO Paul Trowbridge described the undisclosed deal as “priceless”.
September 9th, 2013 - 12:10 GMT

Barcelona signs another 'priceless' UAE deal

Bank AlJazira
September 9th, 2013 - 11:46 GMT

Bank AlJazira rating affirmed by Capital Intelligence

Al Hilal Bank
September 9th, 2013 - 11:20 GMT

Al Hilal Bank becomes the only Islamic bank in the UAE to be rated A1 by Moody’s & A+ by Fitch

DIFC signing ceremony
September 9th, 2013 - 10:03 GMT

DIFC courts and supreme court of new South Wales memorandum bolsters UAE-Australia commercial ties

Al Bawaba
September 9th, 2013 - 08:05 GMT

Dubai Islamic Bank welcomes new batch of UAE Nationals for ‘Masrafi’ Programme

Qualified customers will enjoy free holiday packages, with the flexibility to choose their destinations. They will also have a chance to start repayment for their loans next year.
September 8th, 2013 - 02:36 GMT

Commercial Bank of Dubai offers a free vacation for those willing to sink themselves in debt

Be prepared for a turning of the cycle very soon, and the stock market is unlikely to keep its nerve in anticipation.
September 8th, 2013 - 02:02 GMT

Global markets on the edge, awaiting US, UN decision

Today, property developers and banks that are recovering from the 2008 downturn are rallying after a string of debt restructuring.
September 8th, 2013 - 08:41 GMT

Did the Middle East learn its lesson from the collapse of Lehman Brothers?

While Syria is not a big oil producer, investors are worried that a strike by Western forces against the country could spread unrest in the Middle East and disrupt supply from the region that pumps a third of the world’s crude.
September 5th, 2013 - 12:29 GMT

GCC markets remain as shaky as Obama's decision-making

Many families were driven to create family funds because of the pressure they endured getting bank loans or from buying through installments.
September 5th, 2013 - 11:24 GMT

Family funds: a viable alternative to bank loans in Saudi Arabia?

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