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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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Dubai led losses across Middle East bourses and sharply underperformed emerging market losses globally - MSCI's emerging market index was down 1.3 percent.
August 27th, 2013 - 12:16 GMT

An irrational development: Dubai bourse plummets most since 2009 due to Syrian crisis

“This dispute has serious foreign relations implications, evidenced by the filings of three governments in the courts below, in which U.S. ally Jordan protested that the sanctions ‘severely infringe’ its sovereignty and ‘punish Arab Bank for not violating Jordanian law.’”
August 27th, 2013 - 12:03 GMT

Jordan's Arab Bank acquitted by NY federal court from thousands of charges!

The construction and commissioning of those thermal power plants in Turkey’s Afsin-Elbistan region would have created more than 10,000 jobs.
August 27th, 2013 - 11:14 GMT

When money talks politics: Taqa to withdraw $12 billion investment from Turkey

Adnan Chilwan, Chief Executive Officer, DIB
August 27th, 2013 - 09:42 GMT

Dubai Islamic Bank becomes first Islamic bank to issue Visa Signature Cards

Alex Thursby, NBAD Group CEO
August 27th, 2013 - 09:28 GMT

NBAD safest bank in middle east

Believe it or not, price bubbles are in no way the result of increased speculation.
August 27th, 2013 - 07:07 GMT

Decoding the myths: are we actually powerless in the face of the financial sector?

Al Hilal Bank
August 27th, 2013 - 06:53 GMT

Al Hilal Bank named ‘Middle East Retail Bank of the Year’ at 2013 Retail Banker International Awards

Al Bawaba
August 27th, 2013 - 04:56 GMT

NCB Capital announces successful closure of Alahli Alkhayyal residential development fund after raising SR 150M

Emirates NBD
August 26th, 2013 - 12:29 GMT

Tony Jashanmal to give keynote address at next session of Emirates NBD Global Business Series

Prime real estate prices in Dubai have increased by 21.6 per cent over the past year, making it the second best performing market in the world.
August 26th, 2013 - 10:02 GMT

Bubble or Impeccable recovery? Dubai shares at five-year high!

Sawsan Abulhassan, Deputy Group CEO, Private Banking and Wealth Management, Ahli United Bank B.S.C
August 26th, 2013 - 08:58 GMT

Ahli United Bank ranked No. 1 Bank regionally

"What most people don’t know is that most movies recoup their capital. A few lose money, but a few make a lot of money. The question is hitting the ones that make a lot of money,” said Khabbaz from FFA private bank.
August 26th, 2013 - 07:56 GMT

Behind the scenes: why a Lebanese bank chose to invest in Hollywood movies

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